Liberty Latin America (LILA) 10-Q 8 May 23 2023 Q1 Quarterly report Financial data

Cover Page

Cover Page - shares	3 Months Ended
	Mar. 31, 2023	Apr. 30, 2023
Entity Information [Line Items]
Document Type	10-Q
Document Quarterly Report	true
Document Period End Date	Mar. 31, 2023
Document Transition Report	false
Entity File Number	001-38335
Entity Registrant Name	Liberty Latin America Ltd.
Entity Address, Country	BM
Entity Incorporation, State or Country Code	D0
Entity Tax Identification Number	98-1386359
Entity Address, Address Line One	2 Church Street,
Entity Address, City or Town	Hamilton
Entity Address, Postal Zip Code	HM 11
City Area Code	441
Local Phone Number	295-5950
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Large Accelerated Filer
Entity Small Business	false
Entity Emerging Growth Company	false
Entity Shell Company	false
Entity Central Index Key	0001712184
Current Fiscal Year End Date	--12-31
Document Fiscal Year Focus	2023
Document Fiscal Period Focus	Q1
Amendment Flag	false
Common Class A
Entity Information [Line Items]
Title of 12(b) Security	Class A Common Shares, par value $0.01 per share
Trading Symbol	LILA
Security Exchange Name	NASDAQ
Entity Common Stock, Shares Outstanding		42,274,286
Common Class B
Entity Information [Line Items]
Entity Common Stock, Shares Outstanding		2,242,534
Common Class C
Entity Information [Line Items]
Title of 12(b) Security	Class C Common Shares, par value $0.01 per share
Trading Symbol	LILAK
Security Exchange Name	NASDAQ
Entity Common Stock, Shares Outstanding		169,476,298

CONDENSED CONSOLIDATED BALANCE

CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($) $ in Millions	Mar. 31, 2023	Dec. 31, 2022
Current assets:
Cash and cash equivalents	$ 671.8	$ 781
Trade receivables, net	623.7	603.3
Prepaid expenses	76.6	65.1
Current notes receivable, net	98.6	92
Current contract assets	101.5	107.3
Other current assets, net	420.8	430.2
Total current assets	1,993	2,078.9
Goodwill	3,463.8	3,421.3
Property and equipment, net	4,269.5	4,293.6
Intangible assets not subject to amortization	1,592.8	1,592.8
Intangible assets subject to amortization, net	659.8	688.1
Other assets, net	1,442.3	1,500.5
Total assets	13,421.2	13,575.2
Current liabilities:
Accounts payable	426.4	525.1
Current portion of deferred revenue	154.1	151.7
Current portion of debt and finance lease obligations	261.4	226.9
Accrued interest	103.3	118.2
Accrued payroll and employee benefits	78.7	82.1
Current operating lease liabilities	91.9	76.7
Other accrued and current liabilities	571.2	581.2
Total current liabilities	1,687	1,761.9
Long-term debt and finance lease obligations	7,653.8	7,653.8
Deferred tax liabilities	677.2	691.2
Deferred revenue	101.2	109.3
Other long-term liabilities	779.8	792.9
Total liabilities	10,899	11,009.1
Commitments and contingencies
Liberty Latin America shareholders:
Undesignated preference shares, $0.01 par value; 50,000,000 shares authorized; nil shares issued and outstanding at each period	0	0
Treasury shares, at cost; 28.3 million and 25.3 million shares, respectively	(268)	(243.4)
Additional paid-in capital	5,207.3	5,177.1
Accumulated deficit	(2,919.2)	(2,869.5)
Accumulated other comprehensive loss, net of taxes	(126)	(149.2)
Total Liberty Latin America shareholders	1,896.5	1,917.4
Noncontrolling interests	625.7	648.7
Total equity	2,522.2	2,566.1
Total liabilities and equity	13,421.2	13,575.2
Class A
Liberty Latin America shareholders:
Common stock	0.5	0.5
Class B
Liberty Latin America shareholders:
Common stock	0	0
Class C
Liberty Latin America shareholders:
Common stock	$ 1.9	$ 1.9

CONDENSED CONSOLIDATED BALANC_2

CONDENSED CONSOLIDATED BALANCE SHEETS (Parenthetical) - $ / shares	Mar. 31, 2023	Dec. 31, 2022
Preferred shares, par value (in dollars per share)	$ 0.01	$ 0.01
Preferred shares, shares authorized (in shares)	50,000,000	50,000,000
Preferred stock, shares issued (in shares)	0	0
Preferred stock, shares outstanding (in shares)	0	0
Treasury shares (in shares)	28,300,000	25,300,000
Class A
Common stock, par value (in dollars per share)	$ 0.01	$ 0.01
Common stock, shares authorized (in shares)	500,000,000	500,000,000
Common stock, shares issued (in shares)	52,500,000	51,800,000
Common stock, shares outstanding (in shares)	42,600,000	42,700,000
Class B
Common stock, par value (in dollars per share)	$ 0.01	$ 0.01
Common stock, shares authorized (in shares)	50,000,000	50,000,000
Common stock, shares issued (in shares)	2,200,000	2,100,000
Common stock, shares outstanding (in shares)	2,200,000	2,100,000
Class C
Common stock, par value (in dollars per share)	$ 0.01	$ 0.01
Common stock, shares authorized (in shares)	500,000,000	500,000,000
Common stock, shares issued (in shares)	189,000,000	187,400,000
Common stock, shares outstanding (in shares)	170,600,000	171,300,000

CONDENSED CONSOLIDATED STATEMEN

CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2023	Mar. 31, 2022
Income Statement [Abstract]
Revenue	$ 1,103.8	$ 1,216.2
Operating costs and expenses (exclusive of depreciation and amortization, shown separately below):
Programming and other direct costs of services	243.4	303.4
Other operating costs and expenses	483.1	506.3
Depreciation and amortization	234.6	214.1
Impairment, restructuring and other operating items, net	29.7	7.8
Operating costs and expenses (exclusive of depreciation and amortization)	990.8	1,031.6
Operating income	113	184.6
Non-operating income (expense):
Interest expense	(146.6)	(129.7)
Realized and unrealized losses on derivative instruments, net	(59.1)	(33.7)
Foreign currency transaction gains, net	49.2	96.6
Losses on debt extinguishments, net	(4.6)	0
Other expense, net	(1.7)	(4.8)
Non-operating income (expense)	(162.8)	(71.6)
Earnings (loss) before income taxes	(49.8)	113
Income tax expense	(13.2)	(22.8)
Net earnings (loss)	(63)	90.2
Net (earnings) loss attributable to noncontrolling interests	13.3	(9.6)
Net earnings (loss) attributable to Liberty Latin America shareholders	$ (49.7)	$ 80.6
Basic net earnings per share attributable to Liberty Latin America shareholders (in dollars per share)	$ (0.23)	$ 0.35
Dilutive net earnings per share attributable to Liberty Latin America shareholders (in dollars per share)	$ (0.23)	$ 0.35

CONDENSED CONSOLIDATED STATEM_2

CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE EARNINGS (LOSS) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2023	Mar. 31, 2022
Statement of Comprehensive Income [Abstract]
Net earnings (loss)	$ (63)	$ 90.2
Other comprehensive earnings (loss), net of taxes:
Foreign currency translation adjustments	20.4	(22.2)
Reclassification adjustments included in net earnings (loss)	0	(1.5)
Other, net	2.2	(10)
Other comprehensive earnings (loss)	22.6	(33.7)
Comprehensive earnings (loss)	(40.4)	56.5
Comprehensive loss (earnings) attributable to noncontrolling interests	13.9	(9.5)
Comprehensive earnings (loss) attributable to Liberty Latin America shareholders	$ (26.5)	$ 47

CONDENSED CONSOLIDATED STATEM_3

CONDENSED CONSOLIDATED STATEMENTS OF EQUITY - USD ($) $ in Millions	Total	Total Liberty Latin America shareholders	Common shares Class A	Common shares Class C	Treasury Stock	Additional paid-in capital	Accumulated deficit	Accumulated other comprehensive loss, net of taxes	Non-controlling interests
Beginning balance at Dec. 31, 2021	$ 2,897.4	$ 2,220	$ 0.5	$ 1.8	$ (74)	$ 5,075.3	$ (2,693.9)	$ (89.7)	$ 677.4
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net earnings (loss)	90.2	80.6					80.6		9.6
Other comprehensive (loss) earnings	(33.7)	(33.6)						(33.6)	(0.1)
Repurchase of Liberty Latin America common shares	(56)	(56)			(56)
Share-based compensation	38	38		0.1		37.9
Ending balance at Mar. 31, 2022	2,935.9	2,249	0.5	1.9	(130)	5,113.2	(2,613.3)	(123.3)	686.9
Beginning balance at Dec. 31, 2022	2,566.1	1,917.4	0.5	1.9	(243.4)	5,177.1	(2,869.5)	(149.2)	648.7
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net earnings (loss)	(63)	(49.7)					(49.7)		(13.3)
Other comprehensive (loss) earnings	22.6	23.2						23.2	(0.6)
Repurchase of Liberty Latin America common shares	(24.6)	(24.6)			(24.6)
Cash and non-cash distributions to noncontrolling interest owners	(9.1)								(9.1)
Share-based compensation	30.2	30.2				30.2
Ending balance at Mar. 31, 2023	$ 2,522.2	$ 1,896.5	$ 0.5	$ 1.9	$ (268)	$ 5,207.3	$ (2,919.2)	$ (126)	$ 625.7

CONDENSED CONSOLIDATED STATEM_4

CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2023	Mar. 31, 2022
Cash flows from operating activities:
Net earnings (loss)	$ (63)	$ 90.2
Adjustments to reconcile net earnings (loss) to net cash provided by operating activities:
Share-based compensation expense	29.2	30
Depreciation and amortization	234.6	214.1
Impairments and other non-cash losses, net	16	4
Amortization of debt financing costs, premiums and discounts, net	8.5	9.5
Realized and unrealized losses on derivative instruments, net	59.1	33.7
Foreign currency transaction gains, net	(49.2)	(96.6)
Losses on debt extinguishments, net	4.6	0
Deferred income tax expense (benefit)	(17.1)	0.1
Changes in operating assets and liabilities, net of the effect of acquisitions	(160.3)	(162.7)
Net cash provided by operating activities	62.4	122.3
Cash flows from investing activities:
Capital expenditures, net	(114.1)	(164.2)
Cash paid in connection with acquisitions, net of cash acquired	0	(24.8)
Other investing activities, net	(18)	0
Net cash used by investing activities	(132.1)	(189)
Cash flows from financing activities:
Borrowings of debt	491.4	38.6
Payments of principal amounts of debt and finance lease obligations	(495.7)	(50.2)
Repurchase of Liberty Latin America common shares	(21.9)	(55.3)
Net cash received related to derivative instruments	9.8	0
Payment of financing costs and debt redemption premiums	(14.8)	(2.6)
Distributions to noncontrolling interest owners	(0.4)	0
Other financing activities, net	(3.8)	(8.7)
Net cash used by financing activities	(35.4)	(78.2)
Effect of exchange rate changes on cash, cash equivalents and restricted cash	(4.2)	2
Net decrease in cash, cash equivalents and restricted cash	(109.3)	(142.9)
Cash, cash equivalents and restricted cash:
Beginning of period	788.9	1,074.2
End of period	679.6	931.3
Cash paid for interest	149.6	150.4
Net cash paid for taxes	$ 19.9	$ 25.2

Basis of Presentation

Basis of Presentation	3 Months Ended
	Mar. 31, 2023
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Basis of Presentation	Basis of Presentation See the Glossary of defined terms at the beginning of this Quarterly Report on Form 10-Q for terms used throughout the condensed consolidated financial statements. General Liberty Latin America Ltd. is a registered company in Bermuda that primarily includes (i) C&W; (ii) Liberty Communications PR; (iii) LBT CT Communications, S.A. (a less than wholly-owned entity) and its subsidiaries, which include Liberty Servicios and Liberty Telecomunicaciones; and (iv) prior to the closing of the formation of the Chile JV in October 2022, VTR, as further described below. C&W owns less than 100% of certain of its consolidated subsidiaries, including C&W Bahamas, C&W Jamaica and CWP. We are an international provider of fixed, mobile and subsea telecommunications services. We provide: A. residential and B2B services in: i. over 20 countries across Latin America and the Caribbean through two of our reportable segments, C&W Caribbean and C&W Panama; ii. Puerto Rico, through our reportable segment Liberty Puerto Rico; and iii. Costa Rica, through our reportable segment Liberty Costa Rica. B. through our reportable segment C&W Networks & LatAm, (i) B2B services in certain other countries in Latin America and the Caribbean and (ii) wholesale communication services over its subsea and terrestrial fiber optic cable networks that connect approximately 40 markets in that region. In October 2022, we completed the formation of the Chile JV by contributing the Chile JV Entities into the Chile JV. Subsequent to the formation of the Chile JV, we began accounting for our 50% interest in the Chile JV as an equity method investment. Prior to the formation of the Chile JV, VTR was a wholly owned subsidiary. As such, our condensed consolidated statements of operations and cash flows for the three months ended March 31, 2022 include VTR. Unless otherwise indicated, ownership percentages are calculated as of March 31, 2023. The accompanying condensed consolidated financial statements have been prepared in accordance with U.S. GAAP and with the instructions to the Quarterly Report on Form 10-Q and Article 10 of Regulation S-X for interim financial information. Accordingly, these financial statements do not include all of the information required by U.S. GAAP or SEC rules and regulations for complete financial statements. In the opinion of management, these financial statements reflect all adjustments (consisting of normal recurring adjustments) necessary for a fair presentation of the results of operations for the interim periods presented. The results of operations for any interim period are not necessarily indicative of results for the full year. These condensed consolidated financial statements should be read in conjunction with our consolidated financial statements and notes thereto included in our 2022 Form 10-K. The preparation of financial statements in conformity with U.S. GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities at the date of the financial statements and the reported amounts of revenue and expenses during the reporting period. Estimates and assumptions are used in accounting for, among other things, the valuation of acquisition-related assets and liabilities, expected credit losses, programming and copyright expenses, deferred income taxes and related valuation allowances, loss contingencies, fair value measurements, impairment assessments, capitalization of internal costs associated with construction and installation activities, useful lives of long-lived assets and actuarial liabilities associated with certain benefit plans. Actual results could differ from those estimates. Certain prior-period amounts have been reclassified to conform to the current period presentation. Correction of Immaterial Errors As further described in our 2022 Form 10-K, during the third quarter of 2022, we identified certain errors in our previously reported consolidated financial statements, primarily related to revenue, programming and other direct costs of services, trade receivables, note receivables, and other assets. The revisions to our March 31, 2022 condensed consolidated statements of operations, equity and cash flows as a result of these immaterial error corrections were not material.

Accounting Changes and Recent A

Accounting Changes and Recent Accounting Pronouncements	3 Months Ended
	Mar. 31, 2023
Accounting Changes and Error Corrections [Abstract]
Accounting Changes and Recent Accounting Pronouncements	Accounting Changes and Recent Accounting Pronouncements Accounting Changes ASU 2022-04 In September 2022, the FASB issued ASU No. 2022-04, Liabilities—Supplier Finance Programs ( ASU 2022-04) , which requires that a buyer in a supplier finance program disclose certain information about the program to allow financial statement users to understand the nature of the program, activity during the period and changes to the program from period to period. In each annual reporting period, the disclosure requirements include (i) the key terms of the program, including payment terms, (ii) the amount and location in the balance sheet of obligations outstanding with the finance provider or intermediary, and (iii) a rollforward of the obligations during the annual period. In each interim reporting period, the disclosure requirements include the amount of obligations outstanding that the buyer has confirmed as valid to the finance provider or intermediary as of the end of the interim period. The rollforward disclosure is effective for fiscal years beginning after December 15, 2023, while the remaining annual disclosures are required to be disclosed on an interim basis in the year of adoption. With the exception of the rollforward disclosure requirements, we adopted ASU 2022-04 effective January 1, 2023. Disclosures surrounding our supplier finance programs are included in note 8. Recent Accounting Pronouncements ASU 2020-04, ASU 2021-01 and ASU 2022-06 In March 2020, the FASB issued ASU No. 2020-04, Reference Rate Reform (Topic 848): Facilitation of the Effects of Reference Rate Reform on Financial Reporting ( ASU 2020-04 ), which provides optional guidance for a limited time to ease the potential accounting burden associated with transitioning away from reference rates, such as LIBOR . In January 2021, the FASB issued ASU No. 2021-01, Reference Rate Reform (Topic 848) ( ASU 2021-01 ), which clarifies certain optional expedients and exceptions in Topic 848. The expedients and exceptions provided by ASU 2020-04 and ASU 2021-01 are for the application of U.S. GAAP to contracts, hedging relationships and other transactions affected by the rate reform, and was initially not intended to be available after December 31, 2022, other than for certain hedging relationships entered into before December 31, 2022. In December 2022, the FASB issued ASU No. 2022-06, Reference Rate Reform (Topic 848): Deferral of the Sunset Date of Topic 848 ( ASU 2022-06 ), which defers the expiration date of Topic 848 from December 31, 2022, to December 31, 2024, and permits companies to apply the guidance in Topic 848 through the expected cessation date of USD LIBOR. We do not currently expect that the phase out of LIBOR will have a material impact on our condensed consolidated financial statements.

Current Expected Credit Losses

Current Expected Credit Losses	3 Months Ended
	Mar. 31, 2023
Accounting Policies [Abstract]
Current Expected Credit Losses	Current Expected Credit Losses The aggregate changes in our allowance for expected credit losses associated with our trade receivables, and current and long-term notes receivables are set forth below: Three months ended March 31, 2023 2022 in millions Balance at beginning of period $ 101.1 $ 112.6 Provision for expected losses, net 18.2 18.9 Write-offs (19.7) (6.9) Foreign currency translation adjustments and other — 1.6 Balance at end of period $ 99.6 $ 126.2

Acquisitions

Acquisitions	3 Months Ended
	Mar. 31, 2023
Business Combination and Asset Acquisition [Abstract]
Acquisitions	Acquisitions 2022 Acquisition Claro Panama Acquisition. On September 14, 2021, we entered into a definitive agreement to acquire América Móvil’s operations in Panama in an all-cash transaction based upon an enterprise value of $200 million on a cash- and debt-free basis. On July 1, 2022, we completed the acquisition of Claro Panama, which was financed through a combination of debt and existing cash. We have accounted for the Claro Panama Acquisition as a business combination using the acquisition method of accounting, whereby the total purchase price was allocated to the acquired identifiable net assets of Claro Panama based on assessments of their respective fair values. The preliminary opening balance sheet is subject to adjustment based on our final assessment of the fair values of the acquired identifiable net assets and liabilities. The items with the highest likelihood to change upon finalization of the valuation process includ e property and equipment, intangible assets, leases and income taxes. A summary of the purchase price and the preliminary opening balance sheet of Claro Panama at the July 1, 2022 acquisition date is presented in the following table (in millions): Current assets $ 24.4 Property and equipment 136.3 Intangible assets subject to amortization (a) 47.9 Other assets (b) 199.4 Current liabilities (64.9) Long-term liabilities (c) (133.8) Total purchase price $ 209.3 (a) At July 1, 2022, the preliminary assessment of the weighted average useful life of the spectrum intangible assets was approximately 6 years. (b) Primarily consists of operating lease right-of-use assets. (c) Primarily consists of the non-current portion of operating lease obligations. 2021 Acquisition BBVI Acquisition . Effective December 31, 2021, we acquired 96% of the outstanding shares of Broadband VI, LLC for $33 million, the payment of which occurred in January 2022. Broadband VI, LLC provides fixed services to residential and business customers in the U.S. Virgin Islands and is included in our Liberty Puerto Rico reportable segment. Supplemental Pro Forma Information The pro forma financial information set forth in the table below is based on available information and assumptions that we believe are reasonable. The pro forma financial information is for illustrative and informational purposes only and is not intended to represent or be indicative of what our results of operations would have been had this acquisition occurred on the date indicated nor should it be considered representative of our future financial condition or results of operations. The pro forma information set forth in the tables below include, as applicable, tax-effected pro forma adjustments primarily related to: i. the alignment of accounting policies; ii. depreciation expense related to acquired tangible assets; iii. amortization expense related to acquired intangible assets; and iv. the elimination of direct acquisition costs. The following unaudited pro forma condensed consolidated operating results for the three months ended March 31, 2022 give effect to the Claro Panama Acquisition, as if it had been completed as of January 1, 2021 (in millions): Revenue $ 1,247.6 Net earnings attributable to Liberty Latin America shareholders $ 73.9

Derivative Instruments

Derivative Instruments	3 Months Ended
	Mar. 31, 2023
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Derivative Instruments	Derivative Instruments In general, we seek to enter into derivative instruments to protect against (i) increases in the interest rates on our variable-rate debt and (ii) foreign currency movements, particularly with respect to borrowings that are denominated in a currency other than the functional currency of the borrowing entity. We do not currently apply hedge accounting to our derivative instruments. Accordingly, changes in the fair values of our derivative instruments are recorded in realized and unrealized gains or losses on derivative instruments in our condensed consolidated statements of operations. The following table provides details of the fair values of our derivative instrument assets and liabilities: March 31, 2023 December 31, 2022 Current (a) Long-term (a) Total Current (a) Long-term (a) Total in millions Assets (b): Total interest rate derivative contracts $ 86.1 $ 168.6 $ 254.7 $ 91.3 $ 224.2 $ 315.5 Liabilities (b): Interest rate derivative contracts $ 34.0 $ — $ 34.0 $ 30.4 $ — $ 30.4 Foreign currency forward contracts and other 21.6 2.3 23.9 11.9 — 11.9 Total $ 55.6 $ 2.3 $ 57.9 $ 42.3 $ — $ 42.3 (a) Our current derivative assets, long-term derivative assets, current derivative liabilities and long-term derivative liabilities are included in other current assets, net, other assets, net, other accrued and current liabilities and other long-term liabilities, respectively, in our condensed consolidated balance sheets. (b) We consider credit risk relating to our and our counterparties’ nonperformance in the fair value assessment of our derivative instruments. In all cases, the adjustments take into account offsetting liability or asset positions within each of our primary borrowing groups (see note 8) and are recorded in realized and unrealized gains or losses on derivative instruments, net, in our condensed consolidated statements of operations. For further information regarding our fair value measurements, see note 6. The derivative assets set forth in the table above exclude our Weather Derivatives as they are not accounted for at fair value. The premium payments associated with our Weather Derivatives are included in other current assets, net, in our condensed consolidated balance sheets. The details of our realized and unrealized losses on derivative instruments, net, are as follows: Three months ended March 31, 2023 2022 in millions Interest rate and cross-currency derivative contracts $ (35.5) $ (17.6) Foreign currency forward contracts and other (15.8) (8.3) Weather Derivatives (7.8) (7.8) Total $ (59.1) $ (33.7) The following table sets forth the classification of the net cash inflows (outflows) of our derivative instruments: Three months ended March 31, 2023 2022 in millions Operating activities $ 14.9 $ (1.4) Investing activities — 1.2 Financing activities 9.8 — Total $ 24.7 $ (0.2) Counterparty Credit Risk We are exposed to the risk that the counterparties to the derivative instruments of our borrowing groups will default on their obligations to us. We manage these credit risks through the evaluation and monitoring of the creditworthiness of, and concentration of risk with, the respective counterparties. In this regard, credit risk associated with our derivative instruments is spread across a relatively broad counterparty base of banks and financial institutions. Collateral has not been posted by either party under the derivative instruments of our borrowing groups. At March 31, 2023, our exposure to counterparty credit risk associated with our derivative instruments, as set forth in the assets and liabilities table above, included derivative assets with an aggregate fair value of $221 million. Each of our borrowing groups has entered into derivative instruments under agreements with each counterparty that contain master netting arrangements that are applicable in the event of early termination by either party to such derivative instrument. The master netting arrangements under each of these master agreements are limited to the derivative instruments governed by the relevant master agreement within each individual borrowing group and are independent of similar arrangements of our other subsidiary borrowing groups. Details of our Derivative Instruments Interest Rate Derivative Contracts Interest Rate Swaps As noted above, we enter into interest rate swaps to protect against increases in the interest rates on our variable-rate debt. Pursuant to these derivative instruments, we typically pay fixed interest rates and receive variable interest rates on specified notional amounts. The following table sets forth the total U.S. dollar equivalents of the notional amounts and the related weighted average remaining contractual lives of our interest rate swap contracts at March 31, 2023: Borrowing group Notional amount due from counterparty Weighted average remaining life in millions in years C&W (a) $ 2,100.0 5.3 Liberty Puerto Rico $ 500.0 5.5 (a) Includes embedded floors of 0% on certain contracts. Basis Swaps Basis swaps involve the exchange of attributes used to calculate our floating interest rates, including (i) the benchmark rate, (ii) the underlying currency and/or (iii) the borrowing period. We typically enter into these swaps to optimize our interest rate profile based on our current evaluations of yield curves, our risk management policies and other factors. The following table sets forth the total U.S. dollar equivalents of the notional amounts and the related weighted average remaining contractual lives of our basis swap contracts at March 31, 2023: Borrowing group Notional amount due from counterparty Weighted average remaining life in millions in years C&W $ 2,100.0 0.3 Liberty Puerto Rico $ 620.0 0.3 Interest Rate Floors Interest rate floors provide protection against interest rates falling below a pre-set level. At March 31, 2023, our Liberty Puerto Rico borrowing group had an interest rate floor with a total notional amount of $620 million and a remaining contractual life of 5.5 years. Interest Rate Caps Interest rate caps provide protection against interest rates rising above a pre-set level. At March 31, 2023, our Liberty Puerto Rico borrowing group had interest rate caps with total notional amounts of $120 million and a remaining weighted average contractual life of 5.5 years. Foreign Currency Forwards Contracts We enter into foreign currency forward contracts with respect to non-functional currency exposure. At March 31, 2023, our Liberty Costa Rica borrowing group had foreign currency forward contracts with total notional amounts due from and to counterparties of $185 million and CRC 115 billion, respectively, with a weighted average remaining contractual life of 0.5 years.

Fair Value Measurements

Fair Value Measurements	3 Months Ended
	Mar. 31, 2023
Fair Value Disclosures [Abstract]
Fair Value Measurements	Fair Value Measurements General We use the fair value method to account for most of our derivative instruments. The reported fair values of our derivative instruments likely will not represent the value that will be paid or received upon the ultimate settlement or disposition of these assets and liabilities, as we expect that the values realized generally will be based on market conditions at the time of settlement, which generally occurs at the maturity of the derivative instrument or at the time of the repayment or refinancing of the underlying debt instrument. U.S. GAAP provides for a fair value hierarchy that prioritizes the inputs to valuation techniques used to measure fair value into three broad levels. Level 1 inputs are quoted market prices in active markets for identical assets or liabilities that the reporting entity has the ability to access at the measurement date. Level 2 inputs are inputs other than quoted market prices included within Level 1 that are observable for the asset or liability, either directly or indirectly. Level 3 inputs are unobservable inputs for the asset or liability. Recurring Fair Value Measurements Derivatives In order to manage our interest rate and foreign currency exchange risk, we have entered into various derivative instruments, as further described in note 5. The recurring fair value measurements of these derivative instruments are determined using discounted cash flow models. Most of the inputs to these discounted cash flow models consist of, or are derived from, observable Level 2 data for substantially the full term of these derivative instruments. This observable data mostly includes interest rate futures and swap rates, which are retrieved or derived from available market data. Although we may extrapolate or interpolate this data, we do not otherwise alter this data in performing our valuations. We incorporate a credit risk valuation adjustment in our fair value measurements to estimate the impact of both our own nonperformance risk and the nonperformance risk of our counterparties. Our and our counterparties’ credit spreads represent our most significant Level 3 inputs, and these inputs are used to derive the credit risk valuation adjustments with respect to these instruments. As we would not expect changes in our or our counterparties’ credit spreads to have a significant impact on the valuations of these instruments, we have determined that these valuations fall under Level 2 of the fair value hierarchy. Our credit risk valuation adjustments with respect to our interest rate derivative contracts are further explained in note 5. Non-recurring Fair Value Measurements Fair value measurements may also be used for purposes of non-recurring valuations performed in connection with our acquisition accounting and impairment assessments. During the three months ended March 31, 2023, we performed non-recurring valuations with respect to deferred taxes associated with the Claro Panama Acquisition. For information related to the status of valuation work associated with assets acquired in connection with the Claro Panama Acquisition, see note 4.

Long-lived Assets

Long-lived Assets	3 Months Ended
	Mar. 31, 2023
Goodwill and Intangible Assets Disclosure [Abstract]
Long-lived Assets	Long-lived Assets Goodwill Changes in the carrying amount of our goodwill are set forth below: January 1, Acquisitions Foreign March 31, in millions C&W Caribbean $ 1,220.4 $ — $ 1.8 $ 1,222.2 C&W Panama 617.1 — — 617.1 C&W Networks & LatAm 654.0 (5.7) 1.1 649.4 Liberty Puerto Rico 501.1 — — 501.1 Liberty Costa Rica 428.7 5.7 39.6 474.0 Total $ 3,421.3 $ — $ 42.5 $ 3,463.8 Based on the results of our prior-year goodwill impairment test, if, among other factors, (i) our equity values were to decline significantly, (ii) we experience additional adverse impacts associated with macroeconomic factors, including increases in our estimated weighted average cost of capital, or (iii) the adverse impacts stemming from competition, economic, regulatory or other factors were to cause our results of operations or cash flows to be worse than currently anticipated, we could conclude in future periods that additional impairment charges of certain reporting units are required in order to reduce the carrying values of goodwill. Any such impairment charges could be significant. Our accumulated goodwill impairments were $2,784 million at each of March 31, 2023 and December 31, 2022. Property and Equipment, Net The details of our property and equipment and the related accumulated depreciation are set forth below: March 31, December 31, in millions Distribution systems $ 4,572.5 $ 4,419.1 Support equipment, buildings, land and CIP 2,203.6 2,232.7 CPE 973.5 919.0 7,749.6 7,570.8 Accumulated depreciation (3,480.1) (3,277.2) Total $ 4,269.5 $ 4,293.6 During the three months ended March 31, 2023 and 2022, we recorded non-cash increases to our property and equipment related to vendor financing arrangements aggregating $36 million and $32 million, respectively. Intangible Assets Subject to Amortization, Net The details of our intangible assets subject to amortization and the related accumulated amortization are set forth below: March 31, December 31, in millions Customer relationships $ 1,477.3 $ 1,464.4 Licenses and other 285.6 278.9 1,762.9 1,743.3 Accumulated amortization (1,103.1) (1,055.2) Total $ 659.8 $ 688.1 Intangible Assets Not Subject to Amortization The details of our intangible assets not subject to amortization are set forth below: March 31, December 31, in millions Spectrum licenses $ 1,051.0 $ 1,051.0 Cable television franchise rights and other 541.8 541.8 Total $ 1,592.8 $ 1,592.8

Debt and Finance Lease Obligati

Debt and Finance Lease Obligations	3 Months Ended
	Mar. 31, 2023
Debt and Lease Obligation [Abstract]
Debt and Finance Lease Obligations	Debt and Finance Lease Obligations The U.S. dollar equivalents of the components of our debt are as follows: March 31, 2023 Estimated fair value (c) Principal amount Weighted Unused borrowing capacity (b) Borrowing currency US $ equivalent March 31, December 31, 2022 March 31, December 31, 2022 in millions Convertible Notes (d) 2.00 % — $ — $ 348.7 $ 357.4 $ 377.5 $ 402.5 C&W Notes 6.55 % — — 1,553.1 1,591.6 1,715.0 1,715.0 C&W Credit Facilities 6.66 % (e) 724.8 2,516.9 2,505.0 2,597.1 2,605.2 LPR Senior Secured Notes 6.08 % — — 1,797.5 1,772.7 1,981.0 1,981.0 LPR Credit Facilities 8.43 % $ 172.5 172.5 612.3 613.8 620.0 620.0 LCR Credit Facilities (f) 10.88 % $ 60.0 60.0 426.2 382.9 450.0 419.3 Vendor financing and other (g) 6.90 % — — 260.5 223.1 260.5 223.1 Total debt before premiums, discounts and deferred financing costs 6.66 % $ 957.3 $ 7,515.2 $ 7,446.5 $ 8,001.1 $ 7,966.1 The following table provides a reconciliation of total debt before premiums, discounts and deferred financing costs to total debt and finance lease obligations: March 31, December 31, 2022 in millions Total debt before premiums, discounts and deferred financing costs $ 8,001.1 $ 7,966.1 Premiums, discounts and deferred financing costs, net (94.5) (94.0) Total carrying amount of debt 7,906.6 7,872.1 Finance lease obligations 8.6 8.6 Total debt and finance lease obligations 7,915.2 7,880.7 Less: Current maturities of debt and finance lease obligations (261.4) (226.9) Long-term debt and finance lease obligations $ 7,653.8 $ 7,653.8 (a) Represents the weighted average interest rate in effect at March 31, 2023 for all borrowings outstanding pursuant to each debt instrument, including any applicable margin. The interest rates presented represent stated rates and do not include the impact of derivative instruments, deferred financing costs, original issue premiums or discounts and commitment fees, all of which affect our overall cost of borrowing. (b) Unused borrowing capacity represents the maximum availability under the applicable facility at March 31, 2023 without regard to covenant compliance calculations or other conditions precedent to borrowing. At March 31, 2023, the full amount of unused borrowing capacity was available to be borrowed under each of the respective subsidiary facilities, both before and after completion of the March 31, 2023 compliance reporting requirements. At March 31, 2023, except as may be limited by tax and legal considerations, the presence of noncontrolling interests, foreign currency exchange restrictions with respect to certain C&W subsidiaries and other factors, there were no restrictions on the respective subsidiary’s ability to upstream cash from this availability to Liberty Latin America or its subsidiaries or other equity holders. (c) The estimated fair values of our debt instruments are determined using the applicable bid prices (mostly Level 1 of the fair value hierarchy) or from quoted prices for similar instruments in active markets adjusted for the estimated credit spreads of the applicable entity, to the extent available, and other relevant factors (Level 2 of the fair value hierarchy). For additional information regarding fair value hierarchies, see note 6. (d) The interest rate reflects the stated rate of the Convertible Notes. The effective interest rate of the Convertible Notes is 6.7%, which considers the impact of a discount recorded in connection with the value ascribed to the instrument’s conversion option. At March 31, 2023, the carrying value of the Convertible Notes was $356 million and the unamortized debt discount on the Convertible Notes was $21 million. (e) The C&W Credit Facilities unused borrowing capacity comprise certain U.S. dollar, Trinidad & Tobago dollar and JMD revolving credit facilities. (f) The LCR Credit Facilities at December 31, 2022 are comprised of certain CRC and U.S. dollar term loans and a U.S. dollar revolving credit facility. For information on the LCR Credit Facilities at March 31, 2023, see Financing Activity below. (g) Primarily represents $254 million and $217 million at March 31, 2023 and December 31, 2022, respectively, owed pursuant to interest-bearing vendor financing arrangements that are used to finance certain of our operating expenses and property and equipment additions. These obligations are generally due within one year and include VAT that were paid on our behalf by the vendor. Our operating expenses include $41 million and $32 million for the three months ended March 31, 2023 and 2022, respectively, that were financed by an intermediary and are reflected on the borrowing date as a cash outflow within net cash provided by operating activities and a cash inflow within net cash used by financing activities in our condensed consolidated statements of cash flows. Repayments of vendor financing obligations are included in payments of principal amounts of debt and finance lease obligations in our condensed consolidated statements of cash flows. Financing Activity In the tables below, non-cash activity relates to cash borrowed that did not pass through our bank accounts, as financing proceeds from the issuance of debt were used to directly repay some or all of the outstanding debt instruments within the same borrowing group. During the three months ended March 31, 2023 and 2022, borrowings related to significant credit facilities we drew down, entered into or amended, are as follows: Period Borrowing group/ Borrower Instrument Issued at Maturity Interest rate Borrowing currency Non-cash component in millions 2023 Liberty Costa Rica 2031 LCR Term Loan A (a) 100% January 15, 2031 10.875% $ 50.0 $ — 2023 Liberty Costa Rica 2031 LCR Term Loan B (a) 100% January 15, 2031 10.875% $ 400.0 $ — 2023 Liberty Costa Rica LCR Revolving Credit Facility (b) N/A January 15, 2028 SOFR + 4.25% $ — N/A 2022 C&W 2028 CWP Term Loan A 100% January 18, 2028 4.25% $ 275.0 $ 272.9 2022 C&W 2028 CWP Term Loan B (c) 100% January 18, 2028 4.25% $ — $ — 2022 C&W CWP Revolving Credit Facility (d) 100% January 18, 2027 SOFR + 3.75% $ — N/A N/A – Not applicable. (a) The proceeds from the 2031 LCR Term Loan A and 2031 LCR Term Loan B were primarily used to repay the LCR Term Loan B-1 Facility and LCR Term Loan B-2 Facility. (b) In January 2023, the LCR Revolving Credit Facility was amended and restated. The amended and restated $60 million LCR Revolving Credit Facility has a fee on unused commitments of 0.5% per year. (c) The 2028 CWP Term Loan B was unfunded as of March 31, 2022. (d) The CWP Revolving Credit Facility has a fee on unused commitments of 0.50%. During the three months ended March 31, 2023 and 2022, we made certain repurchases or repayments on the following debt instruments: Amount paid Period Borrowing group / Borrower Instrument Redemption price Borrowing currency USD equivalent (a) Non-cash component USD in millions, CRC in billions 2023 Liberty Costa Rica LCR Term Loan B-1 Facility 100% $ 276.7 $ 276.7 $ — 2023 Liberty Costa Rica LCR Term Loan B-2 Facility 100% CRC 79.6 $ 138.6 $ — 2023 Liberty Costa Rica LCR Revolving Credit Facility 100% $ 8.0 $ 8.0 $ — 2023 Liberty Latin America Convertible Notes (b) 93.5% $ 23.4 $ 23.4 $ — 2022 C&W CWP Credit Facilities 100% $ 272.9 $ 272.9 $ 272.9 (a) Translated at the transaction date, as applicable. (b) In March 2023, we repurchased and cancelled $25 million original principal amount of the Convertible Notes. In connection with the partial repurchase of the Convertible Notes, we unwound approximately $25 million of the related Capped Calls. Maturities of Debt Maturities of our debt as of March 31, 2023 are presented below. Amounts presented below represent U.S. dollar equivalents based on March 31, 2023 exchange rates: C&W Liberty Puerto Rico Liberty Costa Rica Liberty Latin America (a) Consolidated in millions Years ending December 31: 2023 (remainder of year) $ 159.5 $ 16.8 $ 6.4 $ 0.4 $ 183.1 2024 62.4 15.6 — 377.8 455.8 2025 3.3 — — — 3.3 2026 0.6 — — — 0.6 2027 1,715.5 1,161.0 — — 2,876.5 2028 1,998.5 620.0 — — 2,618.5 Thereafter 593.3 820.0 450.0 — 1,863.3 Total debt maturities 4,533.1 2,633.4 456.4 378.2 8,001.1 Premiums, discounts and deferred financing costs, net (30.5) (26.5) (15.5) (22.0) (94.5) Total debt $ 4,502.6 $ 2,606.9 $ 440.9 $ 356.2 $ 7,906.6 Current portion $ 221.1 $ 32.4 $ 6.4 $ 0.6 $ 260.5 Noncurrent portion $ 4,281.5 $ 2,574.5 $ 434.5 $ 355.6 $ 7,646.1 (a) Represents the amount held by Liberty Latin America on a standalone basis plus the aggregate amount held by subsidiaries of Liberty Latin America that are outside our borrowing groups.

Operating Leases

Operating Leases	3 Months Ended
	Mar. 31, 2023
Leases [Abstract]
Operating Leases	Operating Leases The following table provides details of our operating lease expense: Three months ended March 31, 2023 2022 in millions Operating lease expense: Operating lease cost $ 33.1 $ 27.3 Short-term lease cost 6.9 5.9 Total operating lease expense $ 40.0 $ 33.2 Our operating lease expense is included in facility, provision, franchise and other expense, in other operating costs and expenses, in our condensed consolidated statements of operations. Certain other details of our operating leases are set forth in the tables below: March 31, 2023 December 31, in millions Operating lease right-of-use assets (a) $ 519.3 $ 550.8 Operating lease liabilities: Current $ 91.9 $ 76.7 Noncurrent 490.6 438.5 Total operating lease liabilities $ 582.5 $ 515.2 Weighted-average remaining lease term 8.0 years 8.2 years Weighted-average discount rate 7.5 % 7.5 % Three months ended March 31, 2023 2022 in millions Operating cash outflows related to operating leases $ 37.1 $ 32.1 Right-of-use assets obtained in exchange for new operating lease liabilities (b) $ 7.4 $ 13.6 (a) During the three months ended March 31, 2023, we recorded a $19 million impairment of certain operating lease right-of-use assets, predominantly related to decommissioned tower leases at C&W Panama. Such charge is included in impairment, restructuring and other, net, in our condensed consolidated statement of operations. (b) Represents non-cash transactions associated with operating leases entered into during the three months ended March 31, 2023 and 2022, respectively. Maturities of Operating Leases Maturities of our operating lease liabilities as of March 31, 2023 are presented below. Amounts presented below represent U.S. dollar equivalents (in millions) based on March 31, 2023 exchange rates. Years ending December 31: 2023 (remainder of year) $ 88.8 2024 112.9 2025 103.5 2026 93.2 2027 79.5 2028 73.6 Thereafter 241.8 Total operating lease liabilities on an undiscounted basis 793.3 Present value discount (210.8) Present value of operating lease liabilities $ 582.5

Unfulfilled Performance Obligat

Unfulfilled Performance Obligations	3 Months Ended
	Mar. 31, 2023
Revenue from Contract with Customer [Abstract]
Unfulfilled Performance Obligations	Unfulfilled Performance Obligations We enter into certain long-term capacity contracts with customers where the customer either pays a fixed fee over time or prepays for the capacity upfront and pays a portion related to operating and maintenance of the network over time. We assess whether prepaid capacity contracts contain a significant financing component. If the financing component is significant, interest expense is accreted over the life of the contract using the effective interest method. The revenue associated with prepaid capacity contracts is deferred and generally recognized on a straight-line basis over the life of the contract. As of March 31, 2023, we have approximately $345 million of unfulfilled performance obligations relating to our long-term capacity contracts, primarily subsea contracts, that generally will be recognized as revenue over an average remaining life of five years.

Programming and Other Direct Co

Programming and Other Direct Costs of Services	3 Months Ended
	Mar. 31, 2023
Other Income and Expenses [Abstract]
Programming and Other Direct Costs of Services	Programming and Other Direct Costs of Services Programming and other direct costs of services include programming and copyright costs, interconnect and access costs, equipment costs, which primarily relate to costs of mobile handsets and other devices, and other direct costs related to our operations. Our programming and other direct costs of services by major category are set forth below: Three months ended March 31, 2023 2022 in millions Programming and copyright $ 60.7 $ 109.3 Interconnect 74.3 85.7 Equipment and other (a) 108.4 108.4 Total programming and other direct costs of services $ 243.4 $ 303.4

Other Operating Costs and Expen

Other Operating Costs and Expenses	3 Months Ended
	Mar. 31, 2023
Other Income and Expenses [Abstract]
Other Operating Costs and Expenses	Other Operating Costs and Expenses Other operating costs and expenses set forth in the table below comprise the following cost categories: • Personnel and contract labor-related costs, which primarily include salary-related and cash bonus expenses, net of capitalizable labor costs, and temporary contract labor costs; • Network-related expenses, which primarily include costs related to network access, system power, core network, and CPE repair, maintenance and test costs; • Service-related costs, which primarily include professional services, information technology-related services, audit, legal and other services; • Commercial , which primarily includes sales and marketing costs, such as advertising, commissions and other sales and marketing-related costs, and customer care costs related to outsourced call centers; • Facility, provision, franchise and other , which primarily includes facility-related costs, provision for bad debt expense, operating lease rent expense, franchise-related fees, bank fees, insurance, vehicle-related, travel and entertainment and other operating-related costs; and • Share-based compensation expense that relates to (i) equity awards issued to our employees and Directors and (ii) certain bonus-related expenses that are paid in the form of equity. Our other operating costs and expenses by major category are set forth below: Three months ended March 31, 2023 2022 in millions Personnel and contract labor $ 147.1 $ 153.2 Network-related 66.8 82.6 Service-related 50.6 51.2 Commercial 44.5 65.5 Facility, provision, franchise and other 144.9 123.8 Share-based compensation expense 29.2 30.0 Total other operating costs and expenses $ 483.1 $ 506.3

Income Taxes

Income Taxes	3 Months Ended
	Mar. 31, 2023
Income Tax Disclosure [Abstract]
Income Taxes	Income Taxes We evaluate and update our estimated annual effective income tax rate on a quarterly basis based on current and forecasted operating results and tax laws. For interim tax reporting, we estimate an annual effective tax rate that is applied to year-to-date ordinary income or loss. The tax effects of significant unusual or infrequently occurring items are excluded from the estimated annual effective tax rate calculation and recognized in the interim period in which they occur. Our interim estimate of our annual effective tax rate and our interim tax provision are subject to volatility due to factors such as jurisdictions in which our deferred taxes and/or tax attributes are subject to a full valuation allowance, relative changes in unrecognized tax benefits and changes in tax laws. Based upon the mix and timing of our actual annual earnings or loss compared to annual projections, as well as changes in the factors noted above, our effective tax rate may vary quarterly and may make quarterly comparisons not meaningful. Income tax expense was $13 million and $23 million during the three months ended March 31, 2023 and 2022, respectively. This represents an effective income tax rate of 26.5% and (20.2%) for the three months ended March 31, 2023 and 2022, respectively, including items treated discretely. For the three months ended March 31, 2023, the income tax expense attributable to our loss before income taxes differs from the amounts computed using the statutory tax rate, primarily due to the detrimental effects of net increases in valuation allowances, permanent tax differences, such as non-deductible expenses and inclusion of withholding taxes on cross-border payments. These negative impacts to our effective tax rate were partially offset by the beneficial effects of international rate differences, changes in uncertain tax positions and permanent tax differences, such as non-taxable income.

Earnings or Loss Per Share

Earnings or Loss Per Share	3 Months Ended
	Mar. 31, 2023
Earnings Per Share [Abstract]
Earnings or Loss Per Share	Earnings or Loss Per Share Basic EPS is computed by dividing net earnings or loss attributable to Liberty Latin America shareholders by the weighted average number of Liberty Latin America Shares outstanding during the periods presented, as further described below. Diluted EPS presents the dilutive effect, if any, on a per share basis of potential shares as if they had been exercised, vested or converted at the beginning of the periods presented. The details of our weighted average shares outstanding are set forth below: Three months ended March 31, 2023 2022 in millions Weighted average shares outstanding: Basic 215.7 228.3 Diluted 215.7 249.5 We reported a net loss attributable to Liberty Latin America shareholders during the three months ended March 31, 2023. The potentially dilutive effect at March 31, 2023 of the following items was not included in the computation of diluted loss per share for such period because their inclusion would have been anti-dilutive to the computation: (i) the aggregate number of shares issuable pursuant to outstanding options, SARs and RSUs of 38.4 million, (ii) the aggregate number of shares issuable pursuant to outstanding PSUs and PSARs of 8.8 million and (iii) using the if-converted method, the aggregate number of shares potentially issuable under our Convertible Notes of 18.3 million. The details of the calculations of our basic and diluted EPS for the three months ended March 31, 2022 are set forth below (in millions): Numerator: Net earnings attributable to holders of Liberty Latin America Shares (basic EPS computation) $ 80.6 Add back: interest expense and amortization of deferred financing costs and premiums associated with Convertible Notes (if-converted method) 6.1 Net earnings attributable to holders of Liberty Latin America Shares (basic and diluted EPS computation) $ 86.7 Denominator: Weighted average shares (basic EPS computation) 228.3 Incremental shares attributable to an employee stock purchase plan and the release of PSUs and RSUs upon vesting (treasury stock method) 1.7 Number of shares issuable under our Convertible Notes (if-converted method) (a) 19.5 Weighted average shares (diluted EPS computation) (b) 249.5 (a) With regards to the aggregate number of shares potentially issuable under our Convertible Notes, the Capped Calls provide an economic hedge to reduce or offset potential dilution to our Class C common shares upon any conversion of the Convertible Notes and/or offset any cash payments we are required to make in excess of the principal amount of such converted notes, as the case may be, with such reduction and/or offset subject to a cap. (b) For the 2022 period, we have excluded (i) the aggregate number of shares issuable pursuant to outstanding options, SARs, and RSUs of 30.6 million, and (ii) the aggregate number of shares issuable pursuant to outstanding PSARs of 8.2 million because their inclusion would have been anti-dilutive to the computation or, in the case of certain PSARs, because such awards had not yet met the applicable performance criteria.

Equity

Equity	3 Months Ended
	Mar. 31, 2023
Equity [Abstract]
Equity	Equity Share Repurchase Program During the three months ended March 31, 2023, we repurchased 0.8 million and 2.3 million Class A and Class C common shares, respectively. During the three months ended March 31, 2022, we repurchased 1.9 million and 3.5 million Class A and Class C common shares, respectively. At March 31, 2023, the remaining amount authorized for share repurchases under the Share Repurchase Program was $32 million. On May 8, 2023, our Directors approved an additional $200 million for the repurchase of our Class A common shares and/or Class C common shares under the Share Repurchase Program through December 2025 through open market purchases at prevailing market prices, in privately negotiated transactions, in block trades, derivative transactions and/or through other legally permissible means.

Commitments and Contingencies

Commitments and Contingencies	3 Months Ended
	Mar. 31, 2023
Commitments and Contingencies Disclosure [Abstract]
Commitments and Contingencies	Commitments and Contingencies Guarantees and Other Credit Enhancements In the ordinary course of business, we may provide (i) indemnifications to our lenders, our vendors and certain other parties and (ii) performance and/or financial guarantees to local municipalities, our customers and vendors. Historically, these arrangements have not resulted in our company making any material payments and we do not believe that they will result in material payments in the future. Regulatory Issues We have contingent liabilities related to matters arising in the ordinary course of business, including (i) legal proceedings, (ii) issues involving wage, property, withholding and other tax issues and (iii) disputes over interconnection, programming and copyright fees. While we generally expect that the amounts required to satisfy these contingencies will not materially differ from any estimated amounts we have accrued, no assurance can be given that the resolution of one or more of these contingencies will not result in a material impact on our results of operations, cash flows or financial position in any given period. Due, in general, to the complexity of the issues involved and, in certain cases, the lack of a clear basis for predicting outcomes, we cannot provide a meaningful range of potential losses or cash outflows that might result from any unfavorable outcomes.

Segment Reporting

Segment Reporting	3 Months Ended
	Mar. 31, 2023
Segment Reporting, Measurement Disclosures [Abstract]
Segment Reporting	Segment Reporting Our reportable segments derive their revenue primarily from residential and B2B services, including video, broadband internet, fixed-line telephony and mobile services. Our corporate category includes our corporate operations, which derive revenue from mobile handset insurance services. We generally identify our reportable segments as those operating segments that represent 10% or more of our revenue, Adjusted OIBDA or total assets. As of March 31, 2023, unless otherwise specified below, our reportable segments are as follows: • C&W Caribbean; • C&W Panama; • C&W Networks & LatAm; • Liberty Puerto Rico; • Liberty Costa Rica; and • VTR (through September 30, 2022) . Performance Measures of our Reportable Segments We evaluate performance and make decisions about allocating resources to our reportable segments based on financial measures, such as revenue and Adjusted OIBDA. In addition, we review non-financial measures, such as subscriber growth. We account for intersegment sales as if they were to third parties, that is, at current market prices. Adjusted OIBDA is the primary measure used by our chief operating decision maker to evaluate segment operating performance. Adjusted OIBDA is also a key factor that is used by our internal decision makers to (i) determine how to allocate resources to segments and (ii) evaluate the effectiveness of our management for purposes of incentive compensation plans. Our internal decision makers believe Adjusted OIBDA is a meaningful measure because it represents a transparent view of our recurring operating performance that is unaffected by our capital structure and allows management to (i) readily view operating trends, (ii) perform analytical comparisons and benchmarking between segments and (iii) identify strategies to improve operating performance in the different countries in which we operate. A reconciliation of total Adjusted OIBDA to operating income or loss and to earnings or loss before income taxes is presented below. The amounts presented below represent 100% of the revenue and Adjusted OIBDA of each of our reportable segments and our corporate operations. As we have the ability to control certain subsidiaries that are not wholly-owned, we include 100% of the revenue and expenses of these entities in our condensed consolidated statements of operations despite the fact that third parties own significant interests in these entities. The noncontrolling owners’ interests in the operating results of (i) certain subsidiaries of (a) C&W and (b) Liberty Puerto Rico, and (ii) Liberty Costa Rica are reflected in net earnings or loss attributable to noncontrolling interests in our condensed consolidated statements of operations. Subsequent to the formation of the Chile JV during October 2022, VTR is no longer consolidated. Revenue Three months ended March 31, 2023 2022 in millions C&W Caribbean $ 353.8 $ 354.8 C&W Panama 165.3 127.2 C&W Networks & LatAm 108.7 107.6 Liberty Puerto Rico 365.8 366.7 Liberty Costa Rica 129.2 107.4 VTR — 170.8 Corporate 6.4 5.6 Intersegment eliminations (25.4) (23.9) Total $ 1,103.8 $ 1,216.2 Adjusted OIBDA Three months ended March 31, 2023 2022 in millions C&W Caribbean $ 140.2 $ 129.9 C&W Panama 43.5 40.5 C&W Networks & LatAm 63.6 62.6 Liberty Puerto Rico 134.4 140.6 Liberty Costa Rica 45.2 30.2 VTR — 46.5 Corporate (20.4) (13.8) Total $ 406.5 $ 436.5 The following table provides a reconciliation of total Adjusted OIBDA to operating income and to earnings (loss) before income taxes: Three months ended March 31, 2023 2022 in millions Total Adjusted OIBDA $ 406.5 $ 436.5 Share-based compensation expense (29.2) (30.0) Depreciation and amortization (234.6) (214.1) Impairment, restructuring and other operating items, net (29.7) (7.8) Operating income 113.0 184.6 Interest expense (146.6) (129.7) Realized and unrealized losses on derivative instruments, net (59.1) (33.7) Foreign currency transaction gains, net 49.2 96.6 Losses on debt extinguishments, net (4.6) — Other expense, net (1.7) (4.8) Earnings (loss) before income taxes $ (49.8) $ 113.0 Property and Equipment Additions of our Reportable Segments The property and equipment additions of our reportable segments and corporate operations (including capital additions financed under vendor financing or finance lease arrangements) are presented below and reconciled to the capital expenditures, net, amounts included in our condensed consolidated statements of cash flows. For additional information concerning capital additions financed under vendor financing, see note 7. Three months ended March 31, 2023 2022 in millions C&W Caribbean $ 46.0 $ 44.0 C&W Panama 19.6 15.0 C&W Networks & LatAm 10.8 7.6 Liberty Puerto Rico 47.7 44.5 Liberty Costa Rica 12.7 9.9 VTR — 44.7 Corporate 7.9 9.7 Total property and equipment additions 144.7 175.4 Assets acquired under capital-related vendor financing arrangements (35.9) (31.9) Changes in current liabilities related to capital expenditures and other 5.3 20.7 Total capital expenditures, net $ 114.1 $ 164.2 Revenue by Major Category Our revenue by major category for our reportable segments is set forth in the tables below and includes the following categories: • residential fixed subscription and residential mobile services revenue, which includes amounts received from subscribers for ongoing fixed and airtime services, respectively; • residential fixed non-subscription revenue, which primarily includes interconnect and advertising revenue; Three months ended March 31, 2023 C&W Caribbean C&W Panama C&W Networks & LatAm Liberty Puerto Rico Liberty Costa Rica Corporate Intersegment Eliminations Total in millions Residential revenue: Residential fixed revenue: Subscription revenue $ 119.9 $ 28.3 $ — $ 117.0 $ 37.8 $ — $ — $ 303.0 Non-subscription revenue 7.0 1.4 — 5.7 2.5 — — 16.6 Total residential fixed revenue 126.9 29.7 — 122.7 40.3 — — 319.6 Residential mobile revenue: Service revenue 80.1 65.0 — 103.7 57.8 — — 306.6 Interconnect, inbound roaming, equipment sales and other (a) 20.7 13.3 — 71.4 18.0 6.4 — 129.8 Total residential mobile revenue 100.8 78.3 — 175.1 75.8 6.4 — 436.4 Total residential revenue 227.7 108.0 — 297.8 116.1 6.4 — 756.0 B2B revenue (b) 126.1 57.3 108.7 55.7 13.1 — (25.4) 335.5 Other revenue — — — 12.3 — — — 12.3 Total $ 353.8 $ 165.3 $ 108.7 $ 365.8 $ 129.2 $ 6.4 $ (25.4) $ 1,103.8 (a) The total amount includes $71 million of revenue from sales of mobile handsets and other devices to residential mobile customers. (b) The total amount includes $8 million of revenue from sales of mobile handsets and other devices to B2B mobile customers. Three months ended March 31, 2022 C&W Caribbean C&W Panama C&W Networks & LatAm Liberty Puerto Rico Liberty Costa Rica VTR Corporate Intersegment Eliminations Total in millions Residential revenue: Residential fixed revenue: Subscription revenue $ 121.7 $ 23.7 $ — $ 115.8 $ 34.7 $ 149.6 $ — $ — $ 445.5 Non-subscription revenue 9.1 2.2 — 5.4 0.8 3.1 — — 20.6 Total residential fixed revenue 130.8 25.9 — 121.2 35.5 152.7 — — 466.1 Residential mobile revenue: Service revenue 76.5 43.0 — 117.0 46.2 9.3 — — 292.0 Interconnect, inbound roaming, equipment sales and other (a) 14.5 10.4 — 64.2 16.5 1.1 5.6 — 112.3 Total residential mobile revenue 91.0 53.4 — 181.2 62.7 10.4 5.6 — 404.3 Total residential revenue 221.8 79.3 — 302.4 98.2 163.1 5.6 — 870.4 B2B revenue (b) 133.0 47.9 107.6 54.0 9.2 7.7 — (23.9) 335.5 Other revenue — — — 10.3 — — — — 10.3 Total $ 354.8 $ 127.2 $ 107.6 $ 366.7 $ 107.4 $ 170.8 $ 5.6 $ (23.9) $ 1,216.2 (a) The total amount includes $61 million of revenue from sales of mobile handsets and other devices to residential mobile customers. (b) The total amount includes $5 million of revenue from sales of mobile handsets and other devices to B2B mobile customers. Revenue by Geographic Market The revenue from third-party customers for each of our geographic markets is set forth in the table below. Three months ended March 31, 2023 2022 in millions Puerto Rico $ 355.1 $ 354.1 Panama 164.3 126.4 Costa Rica 129.2 107.2 Jamaica 98.8 104.8 Networks & LatAm (a) 87.6 88.5 The Bahamas 47.1 47.7 Trinidad and Tobago 38.7 40.6 Barbados 38.6 36.5 Curacao 34.5 33.1 Chile — 170.8 Other (b) 109.9 106.5 Total $ 1,103.8 $ 1,216.2 (a) Amounts represent managed services and wholesale revenue from various jurisdictions across Latin America and the Caribbean, primarily related to the sale and lease of telecommunications capacity on C&W Networks & LatAm’s subsea and terrestrial fiber optic cable networks.

Basis of Presentation (Policies

Basis of Presentation (Policies)	3 Months Ended
	Mar. 31, 2023
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Accounting Changes and Recent Accounting Pronouncements	Accounting Changes ASU 2022-04 In September 2022, the FASB issued ASU No. 2022-04, Liabilities—Supplier Finance Programs ( ASU 2022-04) , which requires that a buyer in a supplier finance program disclose certain information about the program to allow financial statement users to understand the nature of the program, activity during the period and changes to the program from period to period. In each annual reporting period, the disclosure requirements include (i) the key terms of the program, including payment terms, (ii) the amount and location in the balance sheet of obligations outstanding with the finance provider or intermediary, and (iii) a rollforward of the obligations during the annual period. In each interim reporting period, the disclosure requirements include the amount of obligations outstanding that the buyer has confirmed as valid to the finance provider or intermediary as of the end of the interim period. The rollforward disclosure is effective for fiscal years beginning after December 15, 2023, while the remaining annual disclosures are required to be disclosed on an interim basis in the year of adoption. With the exception of the rollforward disclosure requirements, we adopted ASU 2022-04 effective January 1, 2023. Disclosures surrounding our supplier finance programs are included in note 8. Recent Accounting Pronouncements ASU 2020-04, ASU 2021-01 and ASU 2022-06 In March 2020, the FASB issued ASU No. 2020-04, Reference Rate Reform (Topic 848): Facilitation of the Effects of Reference Rate Reform on Financial Reporting ( ASU 2020-04 ), which provides optional guidance for a limited time to ease the potential accounting burden associated with transitioning away from reference rates, such as LIBOR . In January 2021, the FASB issued ASU No. 2021-01, Reference Rate Reform (Topic 848) ( ASU 2021-01 ), which clarifies certain optional expedients and exceptions in Topic 848. The expedients and exceptions provided by ASU 2020-04 and ASU 2021-01 are for the application of U.S. GAAP to contracts, hedging relationships and other transactions affected by the rate reform, and was initially not intended to be available after December 31, 2022, other than for certain hedging relationships entered into before December 31, 2022. In December 2022, the FASB issued ASU No. 2022-06, Reference Rate Reform (Topic 848): Deferral of the Sunset Date of Topic 848 ( ASU 2022-06 ), which defers the expiration date of Topic 848 from December 31, 2022, to December 31, 2024, and permits companies to apply the guidance in Topic 848 through the expected cessation date of USD LIBOR. We do not currently expect that the phase out of LIBOR will have a material impact on our condensed consolidated financial statements.

Current Expected Credit Losses

Current Expected Credit Losses (Tables)	3 Months Ended
	Mar. 31, 2023
Accounting Policies [Abstract]
Schedule of Accounts Receivable, Allowance for Credit Loss	The aggregate changes in our allowance for expected credit losses associated with our trade receivables, and current and long-term notes receivables are set forth below: Three months ended March 31, 2023 2022 in millions Balance at beginning of period $ 101.1 $ 112.6 Provision for expected losses, net 18.2 18.9 Write-offs (19.7) (6.9) Foreign currency translation adjustments and other — 1.6 Balance at end of period $ 99.6 $ 126.2

Acquisitions (Tables)

Acquisitions (Tables)	3 Months Ended
	Mar. 31, 2023
Business Combination and Asset Acquisition [Abstract]
Schedule of Purchase Price Allocation	A summary of the purchase price and the preliminary opening balance sheet of Claro Panama at the July 1, 2022 acquisition date is presented in the following table (in millions): Current assets $ 24.4 Property and equipment 136.3 Intangible assets subject to amortization (a) 47.9 Other assets (b) 199.4 Current liabilities (64.9) Long-term liabilities (c) (133.8) Total purchase price $ 209.3 (a) At July 1, 2022, the preliminary assessment of the weighted average useful life of the spectrum intangible assets was approximately 6 years. (b) Primarily consists of operating lease right-of-use assets. (c) Primarily consists of the non-current portion of operating lease obligations.
Schedule of Pro Forma Information	The following unaudited pro forma condensed consolidated operating results for the three months ended March 31, 2022 give effect to the Claro Panama Acquisition, as if it had been completed as of January 1, 2021 (in millions): Revenue $ 1,247.6 Net earnings attributable to Liberty Latin America shareholders $ 73.9

Derivative Instruments (Tables)

Derivative Instruments (Tables)	3 Months Ended
	Mar. 31, 2023
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Schedule of Fair Values of Our Derivative Instrument Assets and Liabilities	The following table provides details of the fair values of our derivative instrument assets and liabilities: March 31, 2023 December 31, 2022 Current (a) Long-term (a) Total Current (a) Long-term (a) Total in millions Assets (b): Total interest rate derivative contracts $ 86.1 $ 168.6 $ 254.7 $ 91.3 $ 224.2 $ 315.5 Liabilities (b): Interest rate derivative contracts $ 34.0 $ — $ 34.0 $ 30.4 $ — $ 30.4 Foreign currency forward contracts and other 21.6 2.3 23.9 11.9 — 11.9 Total $ 55.6 $ 2.3 $ 57.9 $ 42.3 $ — $ 42.3 (a) Our current derivative assets, long-term derivative assets, current derivative liabilities and long-term derivative liabilities are included in other current assets, net, other assets, net, other accrued and current liabilities and other long-term liabilities, respectively, in our condensed consolidated balance sheets. (b) We consider credit risk relating to our and our counterparties’ nonperformance in the fair value assessment of our derivative instruments. In all cases, the adjustments take into account offsetting liability or asset positions within each of our primary borrowing groups (see note 8) and are recorded in realized and unrealized gains or losses on derivative
Schedule of Realized and Unrealized Gains (Losses) on Derivative Instruments, Net	The details of our realized and unrealized losses on derivative instruments, net, are as follows: Three months ended March 31, 2023 2022 in millions Interest rate and cross-currency derivative contracts $ (35.5) $ (17.6) Foreign currency forward contracts and other (15.8) (8.3) Weather Derivatives (7.8) (7.8) Total $ (59.1) $ (33.7)
Schedule of Classification of the Net Cash Inflows (Outflows) of Our Derivative Instruments	The following table sets forth the classification of the net cash inflows (outflows) of our derivative instruments: Three months ended March 31, 2023 2022 in millions Operating activities $ 14.9 $ (1.4) Investing activities — 1.2 Financing activities 9.8 — Total $ 24.7 $ (0.2)
Schedule of Derivative Instruments	The following table sets forth the total U.S. dollar equivalents of the notional amounts and the related weighted average remaining contractual lives of our interest rate swap contracts at March 31, 2023: Borrowing group Notional amount due from counterparty Weighted average remaining life in millions in years C&W (a) $ 2,100.0 5.3 Liberty Puerto Rico $ 500.0 5.5 (a) Includes embedded floors of 0% on certain contracts. Borrowing group Notional amount due from counterparty Weighted average remaining life in millions in years C&W $ 2,100.0 0.3 Liberty Puerto Rico $ 620.0 0.3 Interest Rate Floors Interest rate floors provide protection against interest rates falling below a pre-set level. At March 31, 2023, our Liberty Puerto Rico borrowing group had an interest rate floor with a total notional amount of $620 million and a remaining contractual life of 5.5 years. Interest Rate Caps Interest rate caps provide protection against interest rates rising above a pre-set level. At March 31, 2023, our Liberty Puerto Rico borrowing group had interest rate caps with total notional amounts of $120 million and a remaining weighted average contractual life of 5.5 years.

Long-lived Assets (Tables)

Long-lived Assets (Tables)	3 Months Ended
	Mar. 31, 2023
Goodwill and Intangible Assets Disclosure [Abstract]
Schedule of Goodwill	Changes in the carrying amount of our goodwill are set forth below: January 1, Acquisitions Foreign March 31, in millions C&W Caribbean $ 1,220.4 $ — $ 1.8 $ 1,222.2 C&W Panama 617.1 — — 617.1 C&W Networks & LatAm 654.0 (5.7) 1.1 649.4 Liberty Puerto Rico 501.1 — — 501.1 Liberty Costa Rica 428.7 5.7 39.6 474.0 Total $ 3,421.3 $ — $ 42.5 $ 3,463.8
Schedule of Property and Equipment and the Related Accumulated Depreciation	The details of our property and equipment and the related accumulated depreciation are set forth below: March 31, December 31, in millions Distribution systems $ 4,572.5 $ 4,419.1 Support equipment, buildings, land and CIP 2,203.6 2,232.7 CPE 973.5 919.0 7,749.6 7,570.8 Accumulated depreciation (3,480.1) (3,277.2) Total $ 4,269.5 $ 4,293.6
Schedule of Intangible Assets Subject to Amortization	The details of our intangible assets subject to amortization and the related accumulated amortization are set forth below: March 31, December 31, in millions Customer relationships $ 1,477.3 $ 1,464.4 Licenses and other 285.6 278.9 1,762.9 1,743.3 Accumulated amortization (1,103.1) (1,055.2) Total $ 659.8 $ 688.1 Intangible Assets Not Subject to Amortization The details of our intangible assets not subject to amortization are set forth below: March 31, December 31, in millions Spectrum licenses $ 1,051.0 $ 1,051.0 Cable television franchise rights and other 541.8 541.8 Total $ 1,592.8 $ 1,592.8

Debt and Finance Lease Obliga_2

Debt and Finance Lease Obligations (Tables)	3 Months Ended
	Mar. 31, 2023
Debt and Lease Obligation [Abstract]
Schedule of Debt	The U.S. dollar equivalents of the components of our debt are as follows: March 31, 2023 Estimated fair value (c) Principal amount Weighted Unused borrowing capacity (b) Borrowing currency US $ equivalent March 31, December 31, 2022 March 31, December 31, 2022 in millions Convertible Notes (d) 2.00 % — $ — $ 348.7 $ 357.4 $ 377.5 $ 402.5 C&W Notes 6.55 % — — 1,553.1 1,591.6 1,715.0 1,715.0 C&W Credit Facilities 6.66 % (e) 724.8 2,516.9 2,505.0 2,597.1 2,605.2 LPR Senior Secured Notes 6.08 % — — 1,797.5 1,772.7 1,981.0 1,981.0 LPR Credit Facilities 8.43 % $ 172.5 172.5 612.3 613.8 620.0 620.0 LCR Credit Facilities (f) 10.88 % $ 60.0 60.0 426.2 382.9 450.0 419.3 Vendor financing and other (g) 6.90 % — — 260.5 223.1 260.5 223.1 Total debt before premiums, discounts and deferred financing costs 6.66 % $ 957.3 $ 7,515.2 $ 7,446.5 $ 8,001.1 $ 7,966.1 The following table provides a reconciliation of total debt before premiums, discounts and deferred financing costs to total debt and finance lease obligations: March 31, December 31, 2022 in millions Total debt before premiums, discounts and deferred financing costs $ 8,001.1 $ 7,966.1 Premiums, discounts and deferred financing costs, net (94.5) (94.0) Total carrying amount of debt 7,906.6 7,872.1 Finance lease obligations 8.6 8.6 Total debt and finance lease obligations 7,915.2 7,880.7 Less: Current maturities of debt and finance lease obligations (261.4) (226.9) Long-term debt and finance lease obligations $ 7,653.8 $ 7,653.8 (a) Represents the weighted average interest rate in effect at March 31, 2023 for all borrowings outstanding pursuant to each debt instrument, including any applicable margin. The interest rates presented represent stated rates and do not include the impact of derivative instruments, deferred financing costs, original issue premiums or discounts and commitment fees, all of which affect our overall cost of borrowing. (b) Unused borrowing capacity represents the maximum availability under the applicable facility at March 31, 2023 without regard to covenant compliance calculations or other conditions precedent to borrowing. At March 31, 2023, the full amount of unused borrowing capacity was available to be borrowed under each of the respective subsidiary facilities, both before and after completion of the March 31, 2023 compliance reporting requirements. At March 31, 2023, except as may be limited by tax and legal considerations, the presence of noncontrolling interests, foreign currency exchange restrictions with respect to certain C&W subsidiaries and other factors, there were no restrictions on the respective subsidiary’s ability to upstream cash from this availability to Liberty Latin America or its subsidiaries or other equity holders. (c) The estimated fair values of our debt instruments are determined using the applicable bid prices (mostly Level 1 of the fair value hierarchy) or from quoted prices for similar instruments in active markets adjusted for the estimated credit spreads of the applicable entity, to the extent available, and other relevant factors (Level 2 of the fair value hierarchy). For additional information regarding fair value hierarchies, see note 6. (d) The interest rate reflects the stated rate of the Convertible Notes. The effective interest rate of the Convertible Notes is 6.7%, which considers the impact of a discount recorded in connection with the value ascribed to the instrument’s conversion option. At March 31, 2023, the carrying value of the Convertible Notes was $356 million and the unamortized debt discount on the Convertible Notes was $21 million. (e) The C&W Credit Facilities unused borrowing capacity comprise certain U.S. dollar, Trinidad & Tobago dollar and JMD revolving credit facilities. (f) The LCR Credit Facilities at December 31, 2022 are comprised of certain CRC and U.S. dollar term loans and a U.S. dollar revolving credit facility. For information on the LCR Credit Facilities at March 31, 2023, see Financing Activity below. (g) Primarily represents $254 million and $217 million at March 31, 2023 and December 31, 2022, respectively, owed pursuant to interest-bearing vendor financing arrangements that are used to finance certain of our operating expenses and property and equipment additions. These obligations are generally due within one year and include VAT that were paid on our behalf by the vendor. Our operating expenses include $41 million and $32 million for the three months ended March 31, 2023 and 2022, respectively, that were financed by an intermediary and are reflected on the borrowing date as a cash outflow within net cash provided by operating activities and a cash inflow within net cash used by financing activities in our condensed consolidated statements of cash flows. Repayments of vendor financing obligations are
Schedule of Line of Credit Facilities	During the three months ended March 31, 2023 and 2022, borrowings related to significant credit facilities we drew down, entered into or amended, are as follows: Period Borrowing group/ Borrower Instrument Issued at Maturity Interest rate Borrowing currency Non-cash component in millions 2023 Liberty Costa Rica 2031 LCR Term Loan A (a) 100% January 15, 2031 10.875% $ 50.0 $ — 2023 Liberty Costa Rica 2031 LCR Term Loan B (a) 100% January 15, 2031 10.875% $ 400.0 $ — 2023 Liberty Costa Rica LCR Revolving Credit Facility (b) N/A January 15, 2028 SOFR + 4.25% $ — N/A 2022 C&W 2028 CWP Term Loan A 100% January 18, 2028 4.25% $ 275.0 $ 272.9 2022 C&W 2028 CWP Term Loan B (c) 100% January 18, 2028 4.25% $ — $ — 2022 C&W CWP Revolving Credit Facility (d) 100% January 18, 2027 SOFR + 3.75% $ — N/A N/A – Not applicable. (a) The proceeds from the 2031 LCR Term Loan A and 2031 LCR Term Loan B were primarily used to repay the LCR Term Loan B-1 Facility and LCR Term Loan B-2 Facility. (b) In January 2023, the LCR Revolving Credit Facility was amended and restated. The amended and restated $60 million LCR Revolving Credit Facility has a fee on unused commitments of 0.5% per year. (c) The 2028 CWP Term Loan B was unfunded as of March 31, 2022. (d) The CWP Revolving Credit Facility has a fee on unused commitments of 0.50%. During the three months ended March 31, 2023 and 2022, we made certain repurchases or repayments on the following debt instruments: Amount paid Period Borrowing group / Borrower Instrument Redemption price Borrowing currency USD equivalent (a) Non-cash component USD in millions, CRC in billions 2023 Liberty Costa Rica LCR Term Loan B-1 Facility 100% $ 276.7 $ 276.7 $ — 2023 Liberty Costa Rica LCR Term Loan B-2 Facility 100% CRC 79.6 $ 138.6 $ — 2023 Liberty Costa Rica LCR Revolving Credit Facility 100% $ 8.0 $ 8.0 $ — 2023 Liberty Latin America Convertible Notes (b) 93.5% $ 23.4 $ 23.4 $ — 2022 C&W CWP Credit Facilities 100% $ 272.9 $ 272.9 $ 272.9 (a) Translated at the transaction date, as applicable. (b) In March 2023, we repurchased and cancelled $25 million original principal amount of the Convertible Notes. In connection with the partial repurchase of the Convertible Notes, we unwound approximately $25 million of the related Capped Calls.
Schedule of Maturities of Debt	Maturities of our debt as of March 31, 2023 are presented below. Amounts presented below represent U.S. dollar equivalents based on March 31, 2023 exchange rates: C&W Liberty Puerto Rico Liberty Costa Rica Liberty Latin America (a) Consolidated in millions Years ending December 31: 2023 (remainder of year) $ 159.5 $ 16.8 $ 6.4 $ 0.4 $ 183.1 2024 62.4 15.6 — 377.8 455.8 2025 3.3 — — — 3.3 2026 0.6 — — — 0.6 2027 1,715.5 1,161.0 — — 2,876.5 2028 1,998.5 620.0 — — 2,618.5 Thereafter 593.3 820.0 450.0 — 1,863.3 Total debt maturities 4,533.1 2,633.4 456.4 378.2 8,001.1 Premiums, discounts and deferred financing costs, net (30.5) (26.5) (15.5) (22.0) (94.5) Total debt $ 4,502.6 $ 2,606.9 $ 440.9 $ 356.2 $ 7,906.6 Current portion $ 221.1 $ 32.4 $ 6.4 $ 0.6 $ 260.5 Noncurrent portion $ 4,281.5 $ 2,574.5 $ 434.5 $ 355.6 $ 7,646.1 (a) Represents the amount held by Liberty Latin America on a standalone basis plus the aggregate amount held by subsidiaries of Liberty Latin America that are outside our borrowing groups.

Operating Leases (Tables)

Operating Leases (Tables)	3 Months Ended
	Mar. 31, 2023
Leases [Abstract]
Schedule of Operating Lease Expense	The following table provides details of our operating lease expense: Three months ended March 31, 2023 2022 in millions Operating lease expense: Operating lease cost $ 33.1 $ 27.3 Short-term lease cost 6.9 5.9 Total operating lease expense $ 40.0 $ 33.2
Schedule of Certain Other Details of Operating Leases Assets and Liabilities	Certain other details of our operating leases are set forth in the tables below: March 31, 2023 December 31, in millions Operating lease right-of-use assets (a) $ 519.3 $ 550.8 Operating lease liabilities: Current $ 91.9 $ 76.7 Noncurrent 490.6 438.5 Total operating lease liabilities $ 582.5 $ 515.2 Weighted-average remaining lease term 8.0 years 8.2 years Weighted-average discount rate 7.5 % 7.5 % Three months ended March 31, 2023 2022 in millions Operating cash outflows related to operating leases $ 37.1 $ 32.1 Right-of-use assets obtained in exchange for new operating lease liabilities (b) $ 7.4 $ 13.6 (a) During the three months ended March 31, 2023, we recorded a $19 million impairment of certain operating lease right-of-use assets, predominantly related to decommissioned tower leases at C&W Panama. Such charge is included in impairment, restructuring and other, net, in our condensed consolidated statement of operations. (b) Represents non-cash transactions associated with operating leases entered into during the three months ended March 31, 2023 and 2022, respectively.
Schedule of Maturities of Operating Lease Liabilities	Maturities of our operating lease liabilities as of March 31, 2023 are presented below. Amounts presented below represent U.S. dollar equivalents (in millions) based on March 31, 2023 exchange rates. Years ending December 31: 2023 (remainder of year) $ 88.8 2024 112.9 2025 103.5 2026 93.2 2027 79.5 2028 73.6 Thereafter 241.8 Total operating lease liabilities on an undiscounted basis 793.3 Present value discount (210.8) Present value of operating lease liabilities $ 582.5

Programming and Other Direct _2

Programming and Other Direct Costs of Services (Tables)	3 Months Ended
	Mar. 31, 2023
Other Income and Expenses [Abstract]
Schedule of Cost of Goods and Services Sold	Our programming and other direct costs of services by major category are set forth below: Three months ended March 31, 2023 2022 in millions Programming and copyright $ 60.7 $ 109.3 Interconnect 74.3 85.7 Equipment and other (a) 108.4 108.4 Total programming and other direct costs of services $ 243.4 $ 303.4

Other Operating Costs and Exp_2

Other Operating Costs and Expenses (Tables)	3 Months Ended
	Mar. 31, 2023
Other Income and Expenses [Abstract]
Schedule of Other Operating Cost and Expense	Our other operating costs and expenses by major category are set forth below: Three months ended March 31, 2023 2022 in millions Personnel and contract labor $ 147.1 $ 153.2 Network-related 66.8 82.6 Service-related 50.6 51.2 Commercial 44.5 65.5 Facility, provision, franchise and other 144.9 123.8 Share-based compensation expense 29.2 30.0 Total other operating costs and expenses $ 483.1 $ 506.3

Earnings or Loss Per Share (Tab

Earnings or Loss Per Share (Tables)	3 Months Ended
	Mar. 31, 2023
Earnings Per Share [Abstract]
Schedule of Weighted Average Shares Outstanding	The details of our weighted average shares outstanding are set forth below: Three months ended March 31, 2023 2022 in millions Weighted average shares outstanding: Basic 215.7 228.3 Diluted 215.7 249.5
Schedule of Earnings Per Share	The details of the calculations of our basic and diluted EPS for the three months ended March 31, 2022 are set forth below (in millions): Numerator: Net earnings attributable to holders of Liberty Latin America Shares (basic EPS computation) $ 80.6 Add back: interest expense and amortization of deferred financing costs and premiums associated with Convertible Notes (if-converted method) 6.1 Net earnings attributable to holders of Liberty Latin America Shares (basic and diluted EPS computation) $ 86.7 Denominator: Weighted average shares (basic EPS computation) 228.3 Incremental shares attributable to an employee stock purchase plan and the release of PSUs and RSUs upon vesting (treasury stock method) 1.7 Number of shares issuable under our Convertible Notes (if-converted method) (a) 19.5 Weighted average shares (diluted EPS computation) (b) 249.5 (a) With regards to the aggregate number of shares potentially issuable under our Convertible Notes, the Capped Calls provide an economic hedge to reduce or offset potential dilution to our Class C common shares upon any conversion of the Convertible Notes and/or offset any cash payments we are required to make in excess of the principal amount of such converted notes, as the case may be, with such reduction and/or offset subject to a cap. (b) For the 2022 period, we have excluded (i) the aggregate number of shares issuable pursuant to outstanding options, SARs, and RSUs of 30.6 million, and (ii) the aggregate number of shares issuable pursuant to outstanding PSARs of 8.2 million because their inclusion would have been anti-dilutive to the computation or, in the case of certain PSARs, because such awards had not yet met the applicable performance criteria.

Segment Reporting (Tables)

Segment Reporting (Tables)	3 Months Ended
	Mar. 31, 2023
Segment Reporting, Measurement Disclosures [Abstract]
Schedule of Revenue and Adjusted OIBDA by Segment	The amounts presented below represent 100% of the revenue and Adjusted OIBDA of each of our reportable segments and our corporate operations. As we have the ability to control certain subsidiaries that are not wholly-owned, we include 100% of the revenue and expenses of these entities in our condensed consolidated statements of operations despite the fact that third parties own significant interests in these entities. The noncontrolling owners’ interests in the operating results of (i) certain subsidiaries of (a) C&W and (b) Liberty Puerto Rico, and (ii) Liberty Costa Rica are reflected in net earnings or loss attributable to noncontrolling interests in our condensed consolidated statements of operations. Subsequent to the formation of the Chile JV during October 2022, VTR is no longer consolidated. Revenue Three months ended March 31, 2023 2022 in millions C&W Caribbean $ 353.8 $ 354.8 C&W Panama 165.3 127.2 C&W Networks & LatAm 108.7 107.6 Liberty Puerto Rico 365.8 366.7 Liberty Costa Rica 129.2 107.4 VTR — 170.8 Corporate 6.4 5.6 Intersegment eliminations (25.4) (23.9) Total $ 1,103.8 $ 1,216.2 Adjusted OIBDA Three months ended March 31, 2023 2022 in millions C&W Caribbean $ 140.2 $ 129.9 C&W Panama 43.5 40.5 C&W Networks & LatAm 63.6 62.6 Liberty Puerto Rico 134.4 140.6 Liberty Costa Rica 45.2 30.2 VTR — 46.5 Corporate (20.4) (13.8) Total $ 406.5 $ 436.5
Schedule of Reconciliation of Total Adjusted OIBDA to Earnings Before Income Taxes	The following table provides a reconciliation of total Adjusted OIBDA to operating income and to earnings (loss) before income taxes: Three months ended March 31, 2023 2022 in millions Total Adjusted OIBDA $ 406.5 $ 436.5 Share-based compensation expense (29.2) (30.0) Depreciation and amortization (234.6) (214.1) Impairment, restructuring and other operating items, net (29.7) (7.8) Operating income 113.0 184.6 Interest expense (146.6) (129.7) Realized and unrealized losses on derivative instruments, net (59.1) (33.7) Foreign currency transaction gains, net 49.2 96.6 Losses on debt extinguishments, net (4.6) — Other expense, net (1.7) (4.8) Earnings (loss) before income taxes $ (49.8) $ 113.0
Schedule of Capital Expenditures of Reportable Segments	The property and equipment additions of our reportable segments and corporate operations (including capital additions financed under vendor financing or finance lease arrangements) are presented below and reconciled to the capital expenditures, net, amounts included in our condensed consolidated statements of cash flows. For additional information concerning capital additions financed under vendor financing, see note 7. Three months ended March 31, 2023 2022 in millions C&W Caribbean $ 46.0 $ 44.0 C&W Panama 19.6 15.0 C&W Networks & LatAm 10.8 7.6 Liberty Puerto Rico 47.7 44.5 Liberty Costa Rica 12.7 9.9 VTR — 44.7 Corporate 7.9 9.7 Total property and equipment additions 144.7 175.4 Assets acquired under capital-related vendor financing arrangements (35.9) (31.9) Changes in current liabilities related to capital expenditures and other 5.3 20.7 Total capital expenditures, net $ 114.1 $ 164.2
Schedule of Revenue by Major Category	Three months ended March 31, 2023 C&W Caribbean C&W Panama C&W Networks & LatAm Liberty Puerto Rico Liberty Costa Rica Corporate Intersegment Eliminations Total in millions Residential revenue: Residential fixed revenue: Subscription revenue $ 119.9 $ 28.3 $ — $ 117.0 $ 37.8 $ — $ — $ 303.0 Non-subscription revenue 7.0 1.4 — 5.7 2.5 — — 16.6 Total residential fixed revenue 126.9 29.7 — 122.7 40.3 — — 319.6 Residential mobile revenue: Service revenue 80.1 65.0 — 103.7 57.8 — — 306.6 Interconnect, inbound roaming, equipment sales and other (a) 20.7 13.3 — 71.4 18.0 6.4 — 129.8 Total residential mobile revenue 100.8 78.3 — 175.1 75.8 6.4 — 436.4 Total residential revenue 227.7 108.0 — 297.8 116.1 6.4 — 756.0 B2B revenue (b) 126.1 57.3 108.7 55.7 13.1 — (25.4) 335.5 Other revenue — — — 12.3 — — — 12.3 Total $ 353.8 $ 165.3 $ 108.7 $ 365.8 $ 129.2 $ 6.4 $ (25.4) $ 1,103.8 (a) The total amount includes $71 million of revenue from sales of mobile handsets and other devices to residential mobile customers. (b) The total amount includes $8 million of revenue from sales of mobile handsets and other devices to B2B mobile customers. Three months ended March 31, 2022 C&W Caribbean C&W Panama C&W Networks & LatAm Liberty Puerto Rico Liberty Costa Rica VTR Corporate Intersegment Eliminations Total in millions Residential revenue: Residential fixed revenue: Subscription revenue $ 121.7 $ 23.7 $ — $ 115.8 $ 34.7 $ 149.6 $ — $ — $ 445.5 Non-subscription revenue 9.1 2.2 — 5.4 0.8 3.1 — — 20.6 Total residential fixed revenue 130.8 25.9 — 121.2 35.5 152.7 — — 466.1 Residential mobile revenue: Service revenue 76.5 43.0 — 117.0 46.2 9.3 — — 292.0 Interconnect, inbound roaming, equipment sales and other (a) 14.5 10.4 — 64.2 16.5 1.1 5.6 — 112.3 Total residential mobile revenue 91.0 53.4 — 181.2 62.7 10.4 5.6 — 404.3 Total residential revenue 221.8 79.3 — 302.4 98.2 163.1 5.6 — 870.4 B2B revenue (b) 133.0 47.9 107.6 54.0 9.2 7.7 — (23.9) 335.5 Other revenue — — — 10.3 — — — — 10.3 Total $ 354.8 $ 127.2 $ 107.6 $ 366.7 $ 107.4 $ 170.8 $ 5.6 $ (23.9) $ 1,216.2 (a) The total amount includes $61 million of revenue from sales of mobile handsets and other devices to residential mobile customers. (b) The total amount includes $5 million of revenue from sales of mobile handsets and other devices to B2B mobile customers.
Schedule of Revenue by Geographic Segments	The revenue from third-party customers for each of our geographic markets is set forth in the table below. Three months ended March 31, 2023 2022 in millions Puerto Rico $ 355.1 $ 354.1 Panama 164.3 126.4 Costa Rica 129.2 107.2 Jamaica 98.8 104.8 Networks & LatAm (a) 87.6 88.5 The Bahamas 47.1 47.7 Trinidad and Tobago 38.7 40.6 Barbados 38.6 36.5 Curacao 34.5 33.1 Chile — 170.8 Other (b) 109.9 106.5 Total $ 1,103.8 $ 1,216.2 (a) Amounts represent managed services and wholesale revenue from various jurisdictions across Latin America and the Caribbean, primarily related to the sale and lease of telecommunications capacity on C&W Networks & LatAm’s subsea and terrestrial fiber optic cable networks.

Basis of Presentation (Details)

Basis of Presentation (Details)	Mar. 31, 2023 country market	Oct. 31, 2022	Aug. 09, 2021
Chile JV
Basis of Presentation [Line Items]
Ownership interest (as a percent)		50%
Telefónica Costa Rica. C&W
Basis of Presentation [Line Items]
Percentage ownership of subsidiaries (less than)			100%
Residential and Business-to-Business Services
Basis of Presentation [Line Items]
Number of countries in which entity provides services | country	20
Wholesale Communication Services | C&W
Basis of Presentation [Line Items]
Number of markets | market	40

Current Expected Credit Losse_2

Current Expected Credit Losses - Changes in Allowance for Credit Loss (Details) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2023	Mar. 31, 2022
Accounts Receivable, Allowance for Credit Loss [Roll Forward]
Balance at beginning of period	$ 101.1	$ 112.6
Provision for expected losses, net	18.2	18.9
Write-offs	(19.7)	(6.9)
Foreign currency translation adjustments and other	0	1.6
Balance at end of period	$ 99.6	$ 126.2

Acquisitions - Narrative (Detai

Acquisitions - Narrative (Details) - USD ($) $ in Millions	Dec. 31, 2021	Sep. 14, 2021
Claro Panama Acquisition
Business Acquisition [Line Items]
Enterprise value		$ 200
Broadband VI, LLC Acquisition
Business Acquisition [Line Items]
Enterprise value	$ 33
Percentage of interests acquired (as a percent)	96%

Acquisitions - Preliminary Open

Acquisitions - Preliminary Opening Balance Sheet (Details) - Claro Panama Acquisition $ in Millions	Jul. 01, 2022 USD ($)
Business Acquisition [Line Items]
Current assets	$ 24.4
Property and equipment	136.3
Intangible assets subject to amortization	47.9
Other assets	199.4
Current liabilities	(64.9)
Long-term liabilities	(133.8)
Total purchase price	$ 209.3
Customer relationships
Business Acquisition [Line Items]
Weighted average useful life of acquired intangible assets (in years)	6 years

Acquisitions - Pro Forma Inform

Acquisitions - Pro Forma Information (Details) $ in Millions	3 Months Ended
	Mar. 31, 2022 USD ($)
Business Combination and Asset Acquisition [Abstract]
Revenue	$ 1,247.6
Net earnings attributable to Liberty Latin America shareholders	$ 73.9

Derivative Instruments - Fair V

Derivative Instruments - Fair Values of Derivative Assets and Liabilities (Details) - USD ($) $ in Millions	Mar. 31, 2023	Dec. 31, 2022
Assets:
Current	$ 86.1	$ 91.3
Long-term	168.6	224.2
Total	254.7	315.5
Liabilities:
Current	55.6	42.3
Long-term	2.3	0
Total	57.9	42.3
Interest rate derivative contracts
Liabilities:
Current	34	30.4
Long-term	0	0
Total	34	30.4
Foreign currency forward contracts and other
Liabilities:
Current	21.6	11.9
Long-term	2.3	0
Total	$ 23.9	$ 11.9

Derivative Instruments - Realiz

Derivative Instruments - Realized and Unrealized Gains on Derivatives (Details) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2023	Mar. 31, 2022
Derivative [Line Items]
Gain (loss) on derivative instruments, net	$ (59.1)	$ (33.7)
Interest rate and cross-currency derivative contracts
Derivative [Line Items]
Gain (loss) on derivative instruments, net	(35.5)	(17.6)
Foreign currency forward contracts and other
Derivative [Line Items]
Gain (loss) on derivative instruments, net	(15.8)	(8.3)
Weather Derivatives
Derivative [Line Items]
Gain (loss) on derivative instruments, net	$ (7.8)	$ (7.8)

Derivative Instruments - Net Ca

Derivative Instruments - Net Cash Received (Paid) Related to Derivatives (Details) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2023	Mar. 31, 2022
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Operating activities	$ 14.9	$ (1.4)
Investing activities	0	1.2
Financing activities	9.8	0
Total	$ 24.7	$ (0.2)

Derivative Instruments - Counte

Derivative Instruments - Counterparty Credit Risk (Details) $ in Millions	Mar. 31, 2023 USD ($)
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Exposure to counterparty credit risk	$ 221

Derivative Instruments - Intere

Derivative Instruments - Interest Rate Derivative Contracts (Details) ₡ in Millions, $ in Millions	3 Months Ended
	Mar. 31, 2023 USD ($)	Mar. 31, 2023 CRC (₡)
Interest Rate Swap | C&W
Derivative [Line Items]
Notional amount of derivative	$ 2,100
Weighted average remaining life	5 years 3 months 18 days
Derivative floor interest rate	0%	0%
Interest Rate Swap | Liberty Puerto Rico
Derivative [Line Items]
Notional amount of derivative	$ 500
Weighted average remaining life	5 years 6 months
Basis Swap | C&W
Derivative [Line Items]
Notional amount of derivative	$ 2,100
Weighted average remaining life	3 months 18 days
Basis Swap | Liberty Puerto Rico
Derivative [Line Items]
Notional amount of derivative	$ 620
Weighted average remaining life	3 months 18 days
Foreign currency forward contracts and other | Costa Rice Borrowing Group
Derivative [Line Items]
Notional amount of derivative	$ 185	₡ 115,000
Weighted average remaining life	6 months

Derivative Instruments - Narrat

Derivative Instruments - Narrative (Details) $ in Millions	3 Months Ended
	Mar. 31, 2023 USD ($)
Interest Rate Floor
Derivative Instruments, Gain (Loss) [Line Items]
Notional amount of derivative	$ 620
Weighted average remaining life	5 years 6 months
Interest Rate Cap
Derivative Instruments, Gain (Loss) [Line Items]
Notional amount of derivative	$ 120
Weighted average remaining life	5 years 6 months

Long-lived Assets - Goodwill (D

Long-lived Assets - Goodwill (Details) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2023	Dec. 31, 2022
Goodwill [Roll Forward]
Beginning balance	$ 3,421.3
Acquisitions and related adjustments	0
Foreign currency translation adjustments and other	42.5
Ending balance	3,463.8
Accumulated goodwill impairments	2,784	$ 2,784
C&W Caribbean
Goodwill [Roll Forward]
Beginning balance	1,220.4
Acquisitions and related adjustments	0
Foreign currency translation adjustments and other	1.8
Ending balance	1,222.2
C&W Panama
Goodwill [Roll Forward]
Beginning balance	617.1
Acquisitions and related adjustments	0
Foreign currency translation adjustments and other	0
Ending balance	617.1
C&W Networks & LatAm
Goodwill [Roll Forward]
Beginning balance	654
Acquisitions and related adjustments	(5.7)
Foreign currency translation adjustments and other	1.1
Ending balance	649.4
Liberty Puerto Rico
Goodwill [Roll Forward]
Beginning balance	501.1
Acquisitions and related adjustments	0
Foreign currency translation adjustments and other	0
Ending balance	501.1
Liberty Costa Rica
Goodwill [Roll Forward]
Beginning balance	428.7
Acquisitions and related adjustments	5.7
Foreign currency translation adjustments and other	39.6
Ending balance	$ 474

Long-lived Assets - Property an

Long-lived Assets - Property and Equipment, Net (Details) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2023	Mar. 31, 2022	Dec. 31, 2022
Property, Plant and Equipment [Line Items]
Property and equipment, gross	$ 7,749.6		$ 7,570.8
Accumulated depreciation	(3,480.1)		(3,277.2)
Total	4,269.5		4,293.6
Non-cash increases related to vendor financing arrangements	35.9	$ 31.9
Distribution systems
Property, Plant and Equipment [Line Items]
Property and equipment, gross	4,572.5		4,419.1
Support equipment, buildings, land and CIP
Property, Plant and Equipment [Line Items]
Property and equipment, gross	2,203.6		2,232.7
CPE
Property, Plant and Equipment [Line Items]
Property and equipment, gross	$ 973.5		$ 919

Long-lived Assets - Intangible

Long-lived Assets - Intangible Assets Subject to Amortization, Net (Details) - USD ($) $ in Millions	Mar. 31, 2023	Dec. 31, 2022
Statement [Line Items]
Finite-lived intangible assets, gross	$ 1,762.9	$ 1,743.3
Accumulated amortization	(1,103.1)	(1,055.2)
Total	659.8	688.1
Customer relationships
Statement [Line Items]
Finite-lived intangible assets, gross	1,477.3	1,464.4
Licenses and other
Statement [Line Items]
Finite-lived intangible assets, gross	$ 285.6	$ 278.9

Long-lived Assets - Intangibl_2

Long-lived Assets - Intangible Assets Not Subject to Amortization (Details) - USD ($) $ in Millions	Mar. 31, 2023	Dec. 31, 2022
Indefinite-lived Intangible Assets [Line Items]
Total	$ 1,592.8	$ 1,592.8
Spectrum licenses
Indefinite-lived Intangible Assets [Line Items]
Total	1,051	1,051
Cable television franchise rights and other
Indefinite-lived Intangible Assets [Line Items]
Total	$ 541.8	$ 541.8

Debt and Finance Lease Obliga_3

Debt and Finance Lease Obligations - Components of Debt (Details) - USD ($) $ in Millions	Mar. 31, 2023	Dec. 31, 2022
Debt Instrument [Line Items]
Weighted average interest rate (as a percent)	6.66%
Unused borrowing capacity	$ 957.3
Estimated fair value	7,515.2	$ 7,446.5
Total debt before premiums, discounts and deferred financing costs	8,001.1	7,966.1
Premiums, discounts and deferred financing costs, net	(94.5)	(94)
Total carrying amount of debt	7,906.6	7,872.1
Finance lease obligations	8.6	8.6
Total debt and finance lease obligations	7,915.2	7,880.7
Less: Current maturities of debt and finance lease obligations	(261.4)	(226.9)
Long-term debt and finance lease obligations	$ 7,653.8	$ 7,653.8
Finance Lease, Liability, Statement of Financial Position [Extensible Enumeration]	Total debt and finance lease obligations	Total debt and finance lease obligations
Convertible Notes | Convertible Debt
Debt Instrument [Line Items]
Weighted average interest rate (as a percent)	2%
Unused borrowing capacity	$ 0
Estimated fair value	348.7	$ 357.4
Total debt before premiums, discounts and deferred financing costs	$ 377.5	402.5
C&W Notes | Senior Notes
Debt Instrument [Line Items]
Weighted average interest rate (as a percent)	6.55%
Unused borrowing capacity	$ 0
Estimated fair value	1,553.1	1,591.6
Total debt before premiums, discounts and deferred financing costs	$ 1,715	1,715
C&W Credit Facilities | Line of Credit
Debt Instrument [Line Items]
Weighted average interest rate (as a percent)	6.66%
Credit facilities, unused borrowing capacity	$ 724.8
Estimated fair value	2,516.9	2,505
Total debt before premiums, discounts and deferred financing costs	$ 2,597.1	2,605.2
LPR Senior Secured Notes | Line of Credit
Debt Instrument [Line Items]
Weighted average interest rate (as a percent)	6.08%
Credit facilities, unused borrowing capacity	$ 0
Estimated fair value	1,797.5	1,772.7
Total debt before premiums, discounts and deferred financing costs	$ 1,981	1,981
LPR Credit Facilities | Line of Credit
Debt Instrument [Line Items]
Weighted average interest rate (as a percent)	8.43%
Credit facilities, unused borrowing capacity	$ 172.5
Estimated fair value	612.3	613.8
Total debt before premiums, discounts and deferred financing costs	$ 620	620
LCR Credit Facilities | Line of Credit
Debt Instrument [Line Items]
Weighted average interest rate (as a percent)	10.88%
Credit facilities, unused borrowing capacity	$ 60
Estimated fair value	426.2	382.9
Total debt before premiums, discounts and deferred financing costs	$ 450	419.3
Vendor financing and other | Unsecured Debt
Debt Instrument [Line Items]
Weighted average interest rate (as a percent)	6.90%
Unused borrowing capacity	$ 0
Estimated fair value	260.5	223.1
Total debt before premiums, discounts and deferred financing costs	260.5	223.1
Total carrying amount of debt	$ 254	$ 217

Debt and Finance Lease Obliga_4

Debt and Finance Lease Obligations - Components of Debt Narrative (Details) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2023	Mar. 31, 2022
Convertible Notes
Debt Instrument [Line Items]
Carrying amount of convertible note	$ 356
Unamortized debt discount	$ 21
Convertible Notes | Convertible Debt
Debt Instrument [Line Items]
Interest rate (as a percent)	6.70%
Vendor Financing Obligations | Unsecured Debt
Debt Instrument [Line Items]
General term of vendor financing arrangements for amounts due (in year)	1 year	1 year
Operating expenses financed by intermediary	$ 41	$ 32

Debt and Finance Lease Obliga_5

Debt and Finance Lease Obligations - Finance Activity (Details) ₡ in Millions, $ in Millions	1 Months Ended	3 Months Ended
	Jan. 31, 2023 USD ($)	Mar. 31, 2023 USD ($)	Mar. 31, 2022 USD ($)	Mar. 31, 2023 CRC (₡)	Dec. 31, 2022 USD ($)
Debt Instrument [Line Items]
Amount paid		$ 8,001.1			$ 7,966.1
Line of Credit | Convertible Notes
Debt Instrument [Line Items]
Aggregate facility amount		25
Non-cash component		$ 0
Redemption price		93.50%
Amount paid		$ 23.4
2031 LCR Term Loan A | Line of Credit
Debt Instrument [Line Items]
Issued at		100%		100%
Interest rate		10.875%		10.875%
Aggregate facility amount		$ 50
Non-cash component		$ 0
2031 LCR Term Loan B | Line of Credit
Debt Instrument [Line Items]
Issued at		100%		100%
Interest rate		10.875%		10.875%
Aggregate facility amount		$ 400
Non-cash component		0
LCR Revolving Credit Facility | Line of Credit
Debt Instrument [Line Items]
Interest rate			4.25%
Aggregate facility amount		0
Line of credit facility, remaining borrowing capacity	$ 60
Fee on unused portion of credit facility (as a percent)	0.50%
2028 CWP Term Loan A | Line of Credit
Debt Instrument [Line Items]
Issued at			100%
Interest rate			4.25%
Aggregate facility amount			$ 275
Non-cash component			$ 272.9
2028 CWP Term Loan B | Line of Credit
Debt Instrument [Line Items]
Issued at			100%
Interest rate			4.25%
Aggregate facility amount			$ 0
Non-cash component			$ 0
C&W Revolving Credit Facility | Line of Credit
Debt Instrument [Line Items]
Issued at			100%
Aggregate facility amount			$ 0
C&W Revolving Credit Facility | Line of Credit | SOFR
Debt Instrument [Line Items]
Interest rate, variable rate			3.75%
C&W Credit Facilities | Line of Credit
Debt Instrument [Line Items]
Line of credit facility, remaining borrowing capacity		$ 724.8
Fee on unused portion of credit facility (as a percent)		0.50%
Amount paid		$ 2,597.1			$ 2,605.2
LCR Term Loan B-1 Facility | Line of Credit
Debt Instrument [Line Items]
Non-cash component		$ 0
Redemption price		100%
Amount paid		$ 276.7
LCR Term Loan B-2 Facility | Line of Credit
Debt Instrument [Line Items]
Non-cash component		$ 0
Redemption price		100%
Amount paid		$ 138.6		₡ 79,600
LCR Revolving Credit Facility | Line of Credit
Debt Instrument [Line Items]
Non-cash component		$ 0
Redemption price		100%
Amount paid		$ 8		₡ 8
CWP Credit Facilities | Line of Credit
Debt Instrument [Line Items]
Non-cash component		$ 272.9
Redemption price		100%
Amount paid		$ 272.9

Debt and Finance Lease Obliga_6

Debt and Finance Lease Obligations - Maturities of Debt (Details) - USD ($) $ in Millions	Mar. 31, 2023	Dec. 31, 2022
Debt Instrument [Line Items]
Total debt maturities	$ 8,001.1	$ 7,966.1
Premiums, discounts and deferred financing costs, net	(94.5)	(94)
Total carrying amount of debt	7,906.6	$ 7,872.1
C&W
Debt Instrument [Line Items]
2023 (remainder of year)	159.5
2024	62.4
2025	3.3
2026	0.6
2027	1,715.5
2028	1,998.5
Thereafter	593.3
Total debt maturities	4,533.1
Premiums, discounts and deferred financing costs, net	(30.5)
Total carrying amount of debt	4,502.6
Current portion	221.1
Noncurrent portion	4,281.5
Liberty Puerto Rico
Debt Instrument [Line Items]
2023 (remainder of year)	16.8
2024	15.6
2025	0
2026	0
2027	1,161
2028	620
Thereafter	820
Total debt maturities	2,633.4
Premiums, discounts and deferred financing costs, net	(26.5)
Total carrying amount of debt	2,606.9
Current portion	32.4
Noncurrent portion	2,574.5
Liberty Costa Rica
Debt Instrument [Line Items]
2023 (remainder of year)	6.4
2024	0
2025	0
2026	0
2027	0
2028	0
Thereafter	450
Total debt maturities	456.4
Premiums, discounts and deferred financing costs, net	(15.5)
Total carrying amount of debt	440.9
Current portion	6.4
Noncurrent portion	434.5
Liberty Latin America
Debt Instrument [Line Items]
2023 (remainder of year)	0.4
2024	377.8
2025	0
2026	0
2027	0
2028	0
Thereafter	0
Total debt maturities	378.2
Premiums, discounts and deferred financing costs, net	(22)
Total carrying amount of debt	356.2
Current portion	0.6
Noncurrent portion	355.6
Consolidated
Debt Instrument [Line Items]
2023 (remainder of year)	183.1
2024	455.8
2025	3.3
2026	0.6
2027	2,876.5
2028	2,618.5
Thereafter	1,863.3
Total debt maturities	8,001.1
Premiums, discounts and deferred financing costs, net	(94.5)
Total carrying amount of debt	7,906.6
Current portion	260.5
Noncurrent portion	$ 7,646.1

Operating Leases - Lease Expens

Operating Leases - Lease Expense (Details) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2023	Mar. 31, 2022
Leases [Abstract]
Operating lease cost	$ 33.1	$ 27.3
Short-term lease cost	6.9	5.9
Total operating lease expense	$ 40	$ 33.2

Operating Leases - Operating Le

Operating Leases - Operating Leases Assets and Liabilities (Details) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2023	Mar. 31, 2022	Dec. 31, 2022
Leases [Abstract]
Operating lease right-of-use assets	$ 519.3		$ 550.8
Operating lease liabilities:
Current	91.9		76.7
Noncurrent	490.6		438.5
Total operating lease liabilities	$ 582.5		$ 515.2
Weighted-average remaining lease term	8 years		8 years 2 months 12 days
Weighted-average discount rate	7.50%		7.50%
Operating cash outflows related to operating leases	$ 37.1	$ 32.1
Right-of-use assets obtained in exchange for new operating lease liabilities	7.4	$ 13.6
Impairment of certain operating lease right-of-use assets	$ 19

Operating Leases - Lease Maturi

Operating Leases - Lease Maturities of Operating Lease Liabilities (Details) - USD ($) $ in Millions	Mar. 31, 2023	Dec. 31, 2022
Leases [Abstract]
2023 (remainder of year)	$ 88.8
2024	112.9
2025	103.5
2026	93.2
2027	79.5
2028	73.6
Thereafter	241.8
Total operating lease liabilities on an undiscounted basis	793.3
Present value discount	(210.8)
Present value of operating lease liabilities	$ 582.5	$ 515.2

Unfulfilled Performance Oblig_2

Unfulfilled Performance Obligations (Details) - Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2023-04-01 $ in Millions	Mar. 31, 2023 USD ($)
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Unfulfilled performance obligations	$ 345
Unfulfilled performance obligations, period (in years)	5 years

Programming and Other Direct _3

Programming and Other Direct Costs of Services (Details) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2023	Mar. 31, 2022
Other Income and Expenses [Line Items]
Programming and other direct costs of services	$ 243.4	$ 303.4
Programming and copyright
Other Income and Expenses [Line Items]
Programming and other direct costs of services	60.7	109.3
Interconnect
Other Income and Expenses [Line Items]
Programming and other direct costs of services	74.3	85.7
Equipment and other
Other Income and Expenses [Line Items]
Programming and other direct costs of services	108.4	$ 108.4
Equipment
Other Income and Expenses [Line Items]
Programming and other direct costs of services	$ 86

Other Operating Costs and Exp_3

Other Operating Costs and Expenses (Details) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2023	Mar. 31, 2022
Other Income and Expenses [Abstract]
Personnel and contract labor	$ 147.1	$ 153.2
Network-related	66.8	82.6
Service-related	50.6	51.2
Commercial	44.5	65.5
Facility, provision, franchise and other	144.9	123.8
Share-based compensation expense	29.2	30
Total other operating costs and expenses	$ 483.1	$ 506.3

Income Taxes (Details)

Income Taxes (Details) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2023	Mar. 31, 2022
Income Tax Disclosure [Abstract]
Income tax expense	$ 13.2	$ 22.8
Effective income tax rate (as a percent)	26.50%	(20.20%)

Earnings or Loss Per Share - We

Earnings or Loss Per Share - Weighted Average Shares Outstanding (Details) - shares shares in Millions	3 Months Ended
	Mar. 31, 2023	Mar. 31, 2022
Weighted average shares outstanding:
Basic (in shares)	215.7	228.3
Diluted (in shares)	215.7	249.5

Earnings or Loss per Share - Ba

Earnings or Loss per Share - Basic and Diluted (Details) - USD ($) shares in Millions, $ in Millions	3 Months Ended
	Mar. 31, 2023	Mar. 31, 2022
Numerator:
Net earnings attributable to holders of Liberty Latin America Shares (basic EPS computation)		$ 80.6
Add back: interest expense and amortization of deferred financing costs and premiums associated with Convertible Notes (if-converted method)		6.1
Net earnings attributable to holders of Liberty Latin America Shares (diluted EPS computation)		$ 86.7
Denominator:
Weighted average shares (basic EPS computation) (in shares)	215.7	228.3
Incremental shares attributable to an employee stock purchase plan and the release of PSUs and RSUs upon vesting (treasury stock method) (in shares)		1.7
Number of shares issuable under our Convertible Notes (if-converted method) (in shares)		19.5
Weighted average shares (diluted EPS computation) (in shares)	215.7	249.5
Options, SARs and RSUs
Denominator:
Antidilutive securities excluded from computation of earnings per share (in shares)	38.4	30.6
PSUs and PSARs
Denominator:
Antidilutive securities excluded from computation of earnings per share (in shares)	8.8	8.2
Convertible Notes
Denominator:
Antidilutive securities excluded from computation of earnings per share (in shares)	18.3

Equity - Share Repurchase Progr

Equity - Share Repurchase Program (Details) - USD ($) shares in Millions, $ in Millions	3 Months Ended
	Mar. 31, 2023	Mar. 31, 2022
Class of Stock [Line Items]
Stock repurchased program, remaining authorized repurchase amount	$ 32
Common Class A
Class of Stock [Line Items]
Number of shares repurchased (in shares)	0.8	1.9
Common Class C
Class of Stock [Line Items]
Number of shares repurchased (in shares)	2.3	3.5

Segment Reporting - Narrative (

Segment Reporting - Narrative (Details)	3 Months Ended
	Mar. 31, 2023
Segment Reporting, Measurement Disclosures [Abstract]
Percentage of minority interest revenues and adjusted OBIDA included in net earnings attributable to noncontrolling interest	100%
Percentage of minority interest revenues and expenses included in net earnings attributable to noncontrolling interest	100%

Segment Reporting - Performance

Segment Reporting - Performance Measures (Details) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2023	Mar. 31, 2022
Segment Reporting Information [Line Items]
Revenue	$ 1,103.8	$ 1,216.2
Adjusted OIBDA	406.5	436.5
Operating Segments | C&W Caribbean
Segment Reporting Information [Line Items]
Revenue	353.8	354.8
Adjusted OIBDA	140.2	129.9
Operating Segments | C&W Panama
Segment Reporting Information [Line Items]
Revenue	165.3	127.2
Adjusted OIBDA	43.5	40.5
Operating Segments | C&W Networks & LatAm
Segment Reporting Information [Line Items]
Revenue	108.7	107.6
Adjusted OIBDA	63.6	62.6
Operating Segments | Liberty Puerto Rico
Segment Reporting Information [Line Items]
Revenue	365.8	366.7
Adjusted OIBDA	134.4	140.6
Operating Segments | Liberty Costa Rica
Segment Reporting Information [Line Items]
Revenue	129.2	107.4
Adjusted OIBDA	45.2	30.2
Operating Segments | VTR
Segment Reporting Information [Line Items]
Revenue	0	170.8
Adjusted OIBDA	0	46.5
Corporate
Segment Reporting Information [Line Items]
Revenue	6.4	5.6
Adjusted OIBDA	(20.4)	(13.8)
Intersegment eliminations
Segment Reporting Information [Line Items]
Revenue	$ (25.4)	$ (23.9)

Segment Reporting - Reconciliat

Segment Reporting - Reconciliation of Operating Cash Flow to Earnings from Continuing Operations (Details) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2023	Mar. 31, 2022
Segment Reporting, Measurement Disclosures [Abstract]
Total Adjusted OIBDA	$ 406.5	$ 436.5
Share-based compensation expense	(29.2)	(30)
Depreciation and amortization	(234.6)	(214.1)
Impairment, restructuring and other operating items, net	(29.7)	(7.8)
Operating income	113	184.6
Interest expense	(146.6)	(129.7)
Realized and unrealized losses on derivative instruments, net	(59.1)	(33.7)
Foreign currency transaction gains, net	49.2	96.6
Losses on debt extinguishments, net	(4.6)	0
Other expense, net	(1.7)	(4.8)
Earnings (loss) before income taxes	$ (49.8)	$ 113

Segment Reporting - Property an

Segment Reporting - Property and Equipment Additions of our Reportable Segments (Details) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2023	Mar. 31, 2022
Segment Reporting Information [Line Items]
Total property and equipment additions	$ 144.7	$ 175.4
Assets acquired under capital-related vendor financing arrangements	(35.9)	(31.9)
Changes in current liabilities related to capital expenditures and other	5.3	20.7
Total capital expenditures, net	114.1	164.2
Corporate
Segment Reporting Information [Line Items]
Total property and equipment additions	7.9	9.7
C&W Caribbean | Operating Segments
Segment Reporting Information [Line Items]
Total property and equipment additions	46	44
C&W Panama | Operating Segments
Segment Reporting Information [Line Items]
Total property and equipment additions	19.6	15
C&W Networks & LatAm | Operating Segments
Segment Reporting Information [Line Items]
Total property and equipment additions	10.8	7.6
Liberty Puerto Rico | Operating Segments
Segment Reporting Information [Line Items]
Total property and equipment additions	47.7	44.5
Liberty Costa Rica | Operating Segments
Segment Reporting Information [Line Items]
Total property and equipment additions	12.7	9.9
VTR | Operating Segments
Segment Reporting Information [Line Items]
Total property and equipment additions	$ 0	$ 44.7

Segment Reporting - Revenue by

Segment Reporting - Revenue by Major Category (Details) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2023	Mar. 31, 2022
Principal Transaction Revenue [Line Items]
Revenue	$ 1,103.8	$ 1,216.2
Total residential revenue
Principal Transaction Revenue [Line Items]
Revenue	756	870.4
Total residential fixed revenue
Principal Transaction Revenue [Line Items]
Revenue	319.6	466.1
Subscription revenue
Principal Transaction Revenue [Line Items]
Revenue	303	445.5
Non-subscription revenue
Principal Transaction Revenue [Line Items]
Revenue	16.6	20.6
Total residential mobile revenue
Principal Transaction Revenue [Line Items]
Revenue	436.4	404.3
Service revenue
Principal Transaction Revenue [Line Items]
Revenue	306.6	292
Interconnect, inbound roaming, equipment sales and other
Principal Transaction Revenue [Line Items]
Revenue	129.8	112.3
B2B revenue
Principal Transaction Revenue [Line Items]
Revenue	335.5	335.5
Other revenue
Principal Transaction Revenue [Line Items]
Revenue	12.3	10.3
Mobile Handset
Principal Transaction Revenue [Line Items]
Revenue	71
B2B Mobile Handset and Other Devices
Principal Transaction Revenue [Line Items]
Revenue	8	5
Mobile Service Revenue
Principal Transaction Revenue [Line Items]
Revenue		61
Operating Segments | Total residential revenue
Principal Transaction Revenue [Line Items]
Revenue	297.8
Operating Segments | C&W Caribbean
Principal Transaction Revenue [Line Items]
Revenue	353.8	354.8
Operating Segments | C&W Caribbean | Total residential revenue
Principal Transaction Revenue [Line Items]
Revenue	227.7	221.8
Operating Segments | C&W Caribbean | Total residential fixed revenue
Principal Transaction Revenue [Line Items]
Revenue	126.9	130.8
Operating Segments | C&W Caribbean | Subscription revenue
Principal Transaction Revenue [Line Items]
Revenue	119.9	121.7
Operating Segments | C&W Caribbean | Non-subscription revenue
Principal Transaction Revenue [Line Items]
Revenue	7	9.1
Operating Segments | C&W Caribbean | Total residential mobile revenue
Principal Transaction Revenue [Line Items]
Revenue	100.8	91
Operating Segments | C&W Caribbean | Service revenue
Principal Transaction Revenue [Line Items]
Revenue	80.1	76.5
Operating Segments | C&W Caribbean | Interconnect, inbound roaming, equipment sales and other
Principal Transaction Revenue [Line Items]
Revenue	20.7	14.5
Operating Segments | C&W Caribbean | B2B revenue
Principal Transaction Revenue [Line Items]
Revenue	126.1	133
Operating Segments | C&W Caribbean | Other revenue
Principal Transaction Revenue [Line Items]
Revenue	0	0
Operating Segments | C&W Panama
Principal Transaction Revenue [Line Items]
Revenue	165.3	127.2
Operating Segments | C&W Panama | Total residential revenue
Principal Transaction Revenue [Line Items]
Revenue	108	79.3
Operating Segments | C&W Panama | Total residential fixed revenue
Principal Transaction Revenue [Line Items]
Revenue	29.7	25.9
Operating Segments | C&W Panama | Subscription revenue
Principal Transaction Revenue [Line Items]
Revenue	28.3	23.7
Operating Segments | C&W Panama | Non-subscription revenue
Principal Transaction Revenue [Line Items]
Revenue	1.4	2.2
Operating Segments | C&W Panama | Total residential mobile revenue
Principal Transaction Revenue [Line Items]
Revenue	78.3	53.4
Operating Segments | C&W Panama | Service revenue
Principal Transaction Revenue [Line Items]
Revenue	65	43
Operating Segments | C&W Panama | Interconnect, inbound roaming, equipment sales and other
Principal Transaction Revenue [Line Items]
Revenue	13.3	10.4
Operating Segments | C&W Panama | B2B revenue
Principal Transaction Revenue [Line Items]
Revenue	57.3	47.9
Operating Segments | C&W Panama | Other revenue
Principal Transaction Revenue [Line Items]
Revenue	0	0
Operating Segments | C&W Networks & LatAm
Principal Transaction Revenue [Line Items]
Revenue	108.7	107.6
Operating Segments | C&W Networks & LatAm | Total residential revenue
Principal Transaction Revenue [Line Items]
Revenue	0	0
Operating Segments | C&W Networks & LatAm | Total residential fixed revenue
Principal Transaction Revenue [Line Items]
Revenue	0	0
Operating Segments | C&W Networks & LatAm | Subscription revenue
Principal Transaction Revenue [Line Items]
Revenue	0	0
Operating Segments | C&W Networks & LatAm | Non-subscription revenue
Principal Transaction Revenue [Line Items]
Revenue	0	0
Operating Segments | C&W Networks & LatAm | Total residential mobile revenue
Principal Transaction Revenue [Line Items]
Revenue	0	0
Operating Segments | C&W Networks & LatAm | Service revenue
Principal Transaction Revenue [Line Items]
Revenue	0	0
Operating Segments | C&W Networks & LatAm | Interconnect, inbound roaming, equipment sales and other
Principal Transaction Revenue [Line Items]
Revenue	0	0
Operating Segments | C&W Networks & LatAm | B2B revenue
Principal Transaction Revenue [Line Items]
Revenue	108.7	107.6
Operating Segments | C&W Networks & LatAm | Other revenue
Principal Transaction Revenue [Line Items]
Revenue	0	0
Operating Segments | Liberty Puerto Rico
Principal Transaction Revenue [Line Items]
Revenue	365.8	366.7
Operating Segments | Liberty Puerto Rico | Total residential revenue
Principal Transaction Revenue [Line Items]
Revenue		302.4
Operating Segments | Liberty Puerto Rico | Total residential fixed revenue
Principal Transaction Revenue [Line Items]
Revenue	122.7	121.2
Operating Segments | Liberty Puerto Rico | Subscription revenue
Principal Transaction Revenue [Line Items]
Revenue	117	115.8
Operating Segments | Liberty Puerto Rico | Non-subscription revenue
Principal Transaction Revenue [Line Items]
Revenue	5.7	5.4
Operating Segments | Liberty Puerto Rico | Total residential mobile revenue
Principal Transaction Revenue [Line Items]
Revenue	175.1	181.2
Operating Segments | Liberty Puerto Rico | Service revenue
Principal Transaction Revenue [Line Items]
Revenue	103.7	117
Operating Segments | Liberty Puerto Rico | Interconnect, inbound roaming, equipment sales and other
Principal Transaction Revenue [Line Items]
Revenue	71.4	64.2
Operating Segments | Liberty Puerto Rico | B2B revenue
Principal Transaction Revenue [Line Items]
Revenue	55.7	54
Operating Segments | Liberty Puerto Rico | Other revenue
Principal Transaction Revenue [Line Items]
Revenue	12.3	10.3
Operating Segments | Liberty Costa Rica
Principal Transaction Revenue [Line Items]
Revenue	129.2	107.4
Operating Segments | Liberty Costa Rica | Total residential revenue
Principal Transaction Revenue [Line Items]
Revenue	116.1	98.2
Operating Segments | Liberty Costa Rica | Total residential fixed revenue
Principal Transaction Revenue [Line Items]
Revenue	40.3	35.5
Operating Segments | Liberty Costa Rica | Subscription revenue
Principal Transaction Revenue [Line Items]
Revenue	37.8	34.7
Operating Segments | Liberty Costa Rica | Non-subscription revenue
Principal Transaction Revenue [Line Items]
Revenue	2.5	0.8
Operating Segments | Liberty Costa Rica | Total residential mobile revenue
Principal Transaction Revenue [Line Items]
Revenue	75.8	62.7
Operating Segments | Liberty Costa Rica | Service revenue
Principal Transaction Revenue [Line Items]
Revenue	57.8	46.2
Operating Segments | Liberty Costa Rica | Interconnect, inbound roaming, equipment sales and other
Principal Transaction Revenue [Line Items]
Revenue	18	16.5
Operating Segments | Liberty Costa Rica | B2B revenue
Principal Transaction Revenue [Line Items]
Revenue	13.1	9.2
Operating Segments | Liberty Costa Rica | Other revenue
Principal Transaction Revenue [Line Items]
Revenue	0	0
Operating Segments | VTR
Principal Transaction Revenue [Line Items]
Revenue	0	170.8
Operating Segments | VTR | Total residential revenue
Principal Transaction Revenue [Line Items]
Revenue		163.1
Operating Segments | VTR | Total residential fixed revenue
Principal Transaction Revenue [Line Items]
Revenue		152.7
Operating Segments | VTR | Subscription revenue
Principal Transaction Revenue [Line Items]
Revenue		149.6
Operating Segments | VTR | Non-subscription revenue
Principal Transaction Revenue [Line Items]
Revenue		3.1
Operating Segments | VTR | Total residential mobile revenue
Principal Transaction Revenue [Line Items]
Revenue		10.4
Operating Segments | VTR | Service revenue
Principal Transaction Revenue [Line Items]
Revenue		9.3
Operating Segments | VTR | Interconnect, inbound roaming, equipment sales and other
Principal Transaction Revenue [Line Items]
Revenue		1.1
Operating Segments | VTR | B2B revenue
Principal Transaction Revenue [Line Items]
Revenue		7.7
Operating Segments | VTR | Other revenue
Principal Transaction Revenue [Line Items]
Revenue		0
Corporate
Principal Transaction Revenue [Line Items]
Revenue	6.4	5.6
Corporate | Total residential revenue
Principal Transaction Revenue [Line Items]
Revenue	6.4	5.6
Corporate | Total residential fixed revenue
Principal Transaction Revenue [Line Items]
Revenue	0	0
Corporate | Subscription revenue
Principal Transaction Revenue [Line Items]
Revenue	0	0
Corporate | Non-subscription revenue
Principal Transaction Revenue [Line Items]
Revenue	0	0
Corporate | Total residential mobile revenue
Principal Transaction Revenue [Line Items]
Revenue	6.4	5.6
Corporate | Service revenue
Principal Transaction Revenue [Line Items]
Revenue	0	0
Corporate | Interconnect, inbound roaming, equipment sales and other
Principal Transaction Revenue [Line Items]
Revenue	6.4	5.6
Corporate | B2B revenue
Principal Transaction Revenue [Line Items]
Revenue	0	0
Corporate | Other revenue
Principal Transaction Revenue [Line Items]
Revenue	0	0
Intersegment Eliminations
Principal Transaction Revenue [Line Items]
Revenue	(25.4)	(23.9)
Intersegment Eliminations | Total residential revenue
Principal Transaction Revenue [Line Items]
Revenue	0	0
Intersegment Eliminations | Total residential fixed revenue
Principal Transaction Revenue [Line Items]
Revenue	0	0
Intersegment Eliminations | Subscription revenue
Principal Transaction Revenue [Line Items]
Revenue	0	0
Intersegment Eliminations | Non-subscription revenue
Principal Transaction Revenue [Line Items]
Revenue	0	0
Intersegment Eliminations | Total residential mobile revenue
Principal Transaction Revenue [Line Items]
Revenue	0	0
Intersegment Eliminations | Service revenue
Principal Transaction Revenue [Line Items]
Revenue	0	0
Intersegment Eliminations | Interconnect, inbound roaming, equipment sales and other
Principal Transaction Revenue [Line Items]
Revenue	0	0
Intersegment Eliminations | B2B revenue
Principal Transaction Revenue [Line Items]
Revenue	(25.4)	(23.9)
Intersegment Eliminations | Other revenue
Principal Transaction Revenue [Line Items]
Revenue	$ 0	$ 0

Segment Reporting - Geographic

Segment Reporting - Geographic Segments (Details) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2023	Mar. 31, 2022
Segment Reporting Information [Line Items]
Revenue	$ 1,103.8	$ 1,216.2
Puerto Rico
Segment Reporting Information [Line Items]
Revenue	355.1	354.1
Panama
Segment Reporting Information [Line Items]
Revenue	164.3	126.4
Costa Rica
Segment Reporting Information [Line Items]
Revenue	129.2	107.2
Jamaica
Segment Reporting Information [Line Items]
Revenue	98.8	104.8
Networks & LatAm
Segment Reporting Information [Line Items]
Revenue	87.6	88.5
The Bahamas
Segment Reporting Information [Line Items]
Revenue	47.1	47.7
Trinidad and Tobago
Segment Reporting Information [Line Items]
Revenue	38.7	40.6
Barbados
Segment Reporting Information [Line Items]
Revenue	38.6	36.5
Curacao
Segment Reporting Information [Line Items]
Revenue	34.5	33.1
Chile
Segment Reporting Information [Line Items]
Revenue	0	170.8
Other
Segment Reporting Information [Line Items]
Revenue	$ 109.9	$ 106.5